Gold Prices Rise as Market Eyes Potential Fed Rate Cuts Gold prices reached a one-week high early Thursday, driven by expectations of a Fed rate cut due to signs of easing inflation and a slowing US economy. Geopolitical risks in Europe also supported gold, although a stabilizing US Dollar and rebounding bond yields kept the price below the 50-day Simple Moving Average. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Retreats from All-Time Highs as Traders Eye Upcoming U.S. Inflation Data READ MORE U.S. Shoppers Defy Expectations: July Retail Sales Exceed Forecasts READ MORE Jamie Dimon Warns of Imminent Economic Cliff Due to U.S. Debt READ MORE Powell Signals Rate Cuts Possible to Bolster Employment Amid Inflation READ MORE What Is the London Fix Price? READ MORE Add a Comment Cancel replyYour email address will not be published.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