Gold Prices Dip Despite Growing Rate Cut Expectations Gold prices experienced a slight decline in Asian trading on Monday, despite increased expectations for U.S. interest rate cuts. The precious metal remained within its June trading range, showing limited response to a weakening dollar. Traders are awaiting further economic cues and insights from the Federal Reserve, including a speech by Fed Chair Jerome Powell and the release of June meeting minutes. While the prospect of lower interest rates typically supports gold prices, the market’s reaction has been muted, reflecting ongoing uncertainty in the economic outlook. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Assassination of Hamas Chief in Iran Raises Middle East War Fears READ MORE Gold ETFs Wane Despite Highs: A Glimmer of Hope on the Horizon? READ MORE Saudi Arabia Officially Joins BRICS READ MORE Bond Market's Recession Alarm Continues, Stock Market Impact Uncertain READ MORE Will Gold Continue to New Heights? READ MORE Add a Comment Cancel replyYour email address will not be published.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