21.3 C
Surat
Monday, December 23, 2024

Rate Cut Speculation Fuels Gold Market Uncertainty



Gold prices are expected to be influenced heavily by U.S. interest rate decisions in 2025, with BMI analysts predicting a cautious approach to rate cuts due to Trump’s victory and potential inflation from tariffs. While gold is projected to average $2,500 per ounce next year, further upside may be limited. The metal’s non-yielding nature means larger and more frequent rate cuts could push prices higher, but a resilient U.S. economy might temper this effect.



Source link

Latest Articles