Gold Bull Rally Surges as Fed Cuts Interest Rates Deeply

The gold bull market extended its momentum this Wednesday, as prices on COMEX soared to unprecedented levels, exceeding $2,625 per ounce. The surge in prices followed the Federal Reserve’s announcement of more significant interest rate cuts than many economists had anticipated, reducing the rate by 50 basis points. This trend had been forecasted by numerous analysts and institutions, who also foresee […]