Forecasts are reinforcing the view that the Fed is about to cut

12 EylDespite short-term volatility, the precious metal remains an attractive investment in the long term as global government debt rises and interest rates fall. The direction of gold in the coming period will largely depend on the Fed's interest rate policy. If the next US economic data remains gloomy, the Fed will cut more. This will help gold prices conquer new highs.

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