Gold Shines: Analysts Project $2,700 Target by Year-End The Federal Reserve is expected to cut interest rates at its upcoming meeting, with growing speculation of a larger 50 basis point reduction due to concerns about labor market weakness. This prospect has boosted gold prices while weakening the dollar. Analysts believe gold could reach $2,700 per ounce by the end of the year if the dollar continues to decline, as overall market conditions remain favorable for the precious metal. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Goolsbee Says Central Bank Will 'Fix' the Economy READ MORE Triple Threat: U.S. Stocks, Gold, and Dollar Defy Economic Logic READ MORE What is the Best Gold and Silver to Buy? READ MORE Gold's Bright Future: Predicted Surge Past $2,500 in 2024 READ MORE SOFR Options Hint at Cautious Fed Rate Increases in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment