Gold Climbs as Powell Paves Way for September Rate Cut Gold prices are nearing record highs as Federal Reserve Chair Jerome Powell’s recent comments signal an imminent interest rate cut, possibly as soon as September. The softening dollar and expectations of lower interest rates are driving investors towards gold as a safe-haven asset. Central bank purchases and strong demand in key markets like India and China are further supporting gold’s rally. While silver prices are also rising, they have been somewhat constrained by sluggish global industrial production. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Evergrande's Liquidation: A Significant Turn in China's Property Crisis READ MORE Trump Assassination Attempt Fuels 'Trump Trade' Surge in Global Markets READ MORE High-Income Americans Not Immune to Growing Financial Worries READ MORE Goldman Sachs: Commodities Offer Superior Protection in Inflationary Times READ MORE Injecting New Life into the World’s Deepest Mine READ MORE Add a Comment Cancel replyYour email address will not be published.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