Gold futures (GC=F) are touching new highs in Friday’s trading session, boosted by expectations of a Federal Reserve interest rate cut coming next week. Lower rates often serve as a catalyst for the commodity market.
Yahoo Finance senior business reporter Ines Ferré breaks down the gold’s current price trajectory.
For more expert insight and the latest market action, click here to watch this full episode of Catalysts.
This post was written by Angel Smith
