Gold Dips as Fed Signals Only One Rate Cut for 2024 Gold prices declined slightly after the Federal Reserve indicated only one interest rate cut for 2024, disappointing investors who hoped for two cuts. Despite a cooler-than-expected inflation report limiting the drop, spot gold fell 0.2% to $2,317.38 per ounce, and U.S. gold futures declined 0.9% to $2,333.10. Analysts suggest that gold’s fundamental support remains strong, but surpassing $3,000 per ounce is unlikely. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts McDonald’s CEO Promises ‘Affordability’ Amid $18 Big Mac Combo Backlash READ MORE Gold: "It's Off To The Races From Here" READ MORE Money vs. Currency: The Great Gold & Silver Rush READ MORE ZeroHedge: Silver: The Moment to Take Action Has Arrived READ MORE Currency Heat Map Provides Insight into Forex Market Dynamics READ MORE Add a Comment Cancel replyYour email address will not be published.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