Further Rate Cuts Can Help Turbocharge Gold's Rally
Etftrends·2025-09-19 06:06
"Political pressure is mounting for deeper cuts,†said Sprott Asset Management market strategist Paul Wong in a precious metals report ahead of the Fed announcement. "If these cuts occur while inflation remains elevated, real interest rates could decline, an environment historically favorable for gold.†Tariffs continue to remain a wild card, as the Supreme Court weighed in on U.S. president Donald Trump's tariffs recently. Two federal courts deemed the recent tariffs on imported goods as illegal, causing ...