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Looming rate cuts may keep gold bullish

Looming rate cuts may keep gold bullish

Gold’s rise may have been unexpected by some, but for the vast majority it could still provide a bullish investment outlook, especially with interest rate cuts looming. The precious metal is up more than 20% for the year, outpacing the S&P 500’s 19% gain. The stock rally was fueled by the artificial intelligence (AI) theme, (…)

The post Looming Interest Rate Cuts May Keep Gold Bullish appeared first on ETF Trends.

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