Investor Focus on Fed's Rate Strategy Boosts Gold During Rising Inflation Gold prices rose modestly, rebounding from a 2% drop last week, in anticipation of the upcoming Federal Reserve meeting expected to maintain a policy of high interest rates for an extended period. Despite the broader anticipation of rate cuts this year diminishing due to recent inflation data, gold has gained over 13% this year, reaching record highs earlier this month. The upcoming U.S. jobs report will also play a crucial role in shaping market expectations. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The Scene of THE CRIME READ MORE Zimbabwe's ZiG: ZiG Used to Pay for 40% of Transactions READ MORE Talent Exodus Under John Williams Sparks Concerns at New York Fed READ MORE Will Gold Hit $2,500? Predictions for a Bright 2024 READ MORE Base Metal Prices Surge Amid Russian Ban and Supply Worries READ MORE Add a Comment Cancel replyYour email address will not be published.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