Gold Shines: Analysts Project $2,700 Target by Year-End The Federal Reserve is expected to cut interest rates at its upcoming meeting, with growing speculation of a larger 50 basis point reduction due to concerns about labor market weakness. This prospect has boosted gold prices while weakening the dollar. Analysts believe gold could reach $2,700 per ounce by the end of the year if the dollar continues to decline, as overall market conditions remain favorable for the precious metal. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts US National Debt Hits Record $34 Trillion READ MORE U.S. Business Activity Slows to Four-Month Low; Mixed Inflation Signals Emerge READ MORE Gold Soars to New Heights as Fed Rate Cut Hopes Intensify READ MORE Government Measures Aim to Strengthen Demand for ZiG in Zimbabwe READ MORE Fed's Powell: More Evidence Needed Before Rate Cut Considerations READ MORE Add a Comment Cancel replyYour email address will not be published.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