Inflation Data Fuels Gold Rally Amid September Rate Cut Hopes Gold prices have rebounded as investors remain optimistic about potential U.S. Federal Reserve interest rate cuts in September. Recent inflation data and comments from Fed officials have strengthened expectations of monetary policy easing, driving gold prices close to record highs. While the market anticipates a rate cut, uncertainty persists regarding its magnitude. Traders are closely monitoring economic indicators and Fed signals, with gold finding support from the prospect of lower interest rates, which typically boost the appeal of non-yielding assets like precious metals. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Russian Crude Exports Hit Seven-Month Low Amid OPEC+ Compliance READ MORE Silver Market Faces Major Deficit as Industrial Demand Hits Record Highs READ MORE U.S. Labor Market Surges with 353,000 New Jobs in January, Crushing Expectations READ MORE ECB Lowers Rates for First Time Since 2019 Amid Inflation Concerns READ MORE Dominant Dollar Faces Challenges in the Oil Markets READ MORE Add a Comment Cancel replyYour email address will not be published.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