Gold Price Forecast: Bullish Outlook as Fed Rate Bets Cut

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Comex Bets Drive Gold to Fresh Record Prices Monday, 9232024 14:34 GOLD PRICES hit new record highs against all major currencies bar the Japanese Yen on GOLD APP INSTRUMENTS CORP LTD HongKong Add: Flat Rm A17, Legend Tower, No 7 Shing Yip Street, HK, China

Gold increased USDt oz or % since the beginning of 2024, according to trading on a contract for difference that tracks the benchmark Bullion strengthens after the Fed's surprise rate cut Weakening dollar and looming rate reductions could drive gold prices toward