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 U.S. Debt Crisis: Gen Z to Face Financial Challenges, Says Ex-White House Economist READ MORE Massive Volume in the Silver Futures Market, 2/3 of a Billion Ounces… READ MORE US Mortgage Rates Dip Slightly to 6.63%, Offering Hope to Homebuyers READ MORE December Sees Surge in U.S. Private Sector Jobs, Exceeding Forecasts READ MORE The World Bank: Gold Investing Handbook for Asset Managers READ MORE Add a Comment Cancel replyYour email address will not be published.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