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Gold Rally Sparks Investor Interest as Fed Rate Cuts Loom
Gold Rally Sparks Investor Interest as Fed Rate Cuts Loom
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BTCCSquare news:
Gold prices have surged 41% this year, nearing all-time highs as investors brace for potential Federal Reserve rate cuts. The Fed's FOMC meeting this week could see a 0.25% reduction, with traders pricing in further cuts by year-end.
UBS analysts highlight gold's growing appeal amid geopolitical risks and central bank accumulation. 'Persistent inflation and declining yields create ideal conditions for precious metals,' their note states, pointing to strong institutional demand confirmed by World Gold Council surveys.
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