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 Investors Flock to Gold During Commodity Boom READ MORE World Bank Raises Global Growth Forecast to 2.6%, Citing U.S. Economic Strength READ MORE US Job Market Cooler Than Thought: 818,000 Jobs Reduced in Revision READ MORE Gold Holds Ground Above $2,512 Amid Mixed Economic Signals READ MORE Gold's Record-Breaking Rally and Its Potential Future READ MORE Add a Comment Cancel replyYour email address will not be published.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