Record-Breaking Gold Rally Pauses as Market Eyes Fed Signals Gold prices have paused after reaching record highs, as investors await signals from the Federal Reserve regarding potential interest rate cuts. The market is consolidating ahead of the release of Fed meeting minutes and a speech by Chair Jerome Powell. Despite a weakening dollar and lower Treasury yields, gold has retreated slightly from its all-time peak but remains above $2,500 per ounce. Analysts expect continued rate cuts and predict gold prices could rise further, potentially reaching $3,000. Factors supporting gold’s strong performance include geopolitical tensions, U.S. election uncertainty, Chinese investor demand, and expectations of a weaker U.S. dollar. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Summer Demand Boost and OPEC+ Cuts Drive Oil Prices Higher READ MORE U.S. Jobless Claims Hit 11-Month High Amid Labor Market Volatility READ MORE BullionStar Perspectives – Lawrence Lepard – Fiat Endgame – Reinforces need for Sound Money READ MORE Gold's Resilience Tested: Metal Stabilizes After Steep Decline READ MORE Powell Hints at September Rate Reduction if Inflation Eases READ MORE Add a Comment Cancel replyYour email address will not be published.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