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September 01, 2020 1:28pm
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Gold Bulls Hanging on Fed Chair’s Word of Eventual Rate Cuts

The Federal Reserve recently stated that monetary policy will stay tight for longer than anticipated. Therefore, gold bulls could continue to see downward pressure on prices. However, the Fed did leave the door open for eventual rate cuts, offering some hope. In addition to gold, the higher-than-longer interest rates narrative is also applying pressure on [...] The post Gold Bulls Hanging on Fed Chair’s Word of Eventual Rate Cuts appeared first on ETF Trends .
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