Bullion Prices Stable as Traders Await Inflation Cues Gold remains steady as investors await the release of crucial US inflation data, which could influence the Federal Reserve’s upcoming interest rate decision. The market anticipates potential rate cuts, with expectations of a 25 or 50 basis point reduction at the Fed’s September 18 meeting. Lower interest rates typically benefit non-yielding assets like gold. Additionally, geopolitical tensions, economic uncertainties, and seasonal demand from India and China are expected to support gold prices, with some analysts projecting a rise to $2,600 per ounce by year-end. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Pulls Back from Monday's Record Closing-High READ MORE Debt Avalanche Ahead: BlackRock CEO Sounds the Alarm on U.S. Economy READ MORE Assassination of Hamas Chief in Iran Raises Middle East War Fears READ MORE New Report Outlines Potential Paths to Sustainable US Debt READ MORE Gold: "It's Off To The Races From Here" READ MORE Add a Comment Cancel replyYour email address will not be published.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