Looming Rate Cuts Can Keep Gold Bullish
September 03, 2024 at 13:19 PM EDT
Gold rallying may have been unforeseen by some, but to the vast majority, it could still offer a bullish investment prospect especially with interest rate cuts looming. The precious metal is up over 20% for the year, surpassing the S&P 500’s 19% gain. The equities rally has been powered by the artificial intelligence (AI) theme, [...] The post Looming Rate Cuts Can Keep Gold Bullish appeared first on ETF Trends .
