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 The World Bank: Gold Investing Handbook for Asset Managers READ MORE World Gold Council: Gold ETF Flows: March 2024 READ MORE China's Iron Ore Imports Defy Steel Industry Slowdown READ MORE JPMorgan Cautions Investors: Stock Market Troubles Not Over Yet READ MORE Powell Warns of Extended High Interest Rates in Face of Persistent Inflation READ MORE Add a Comment Cancel replyYour email address will not be published.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