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 True Inflation May Have Peaked in Late 2022 READ MORE Fed’s Operating Losses Grew to Record $114.3 Billion in 2023 READ MORE Tech Titans Propel S&P 500 to Unprecedented 5,600 Milestone READ MORE U.S. Labor Market Defies Expectations with Lower than Expected Jobless Claims READ MORE Cryptocurrency Market Climbs Over $2 Trillion, Led by Bitcoin READ MORE Add a Comment Cancel replyYour email address will not be published.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