Fed Rate Cut’s Effect on Gold’s Price – An Overview

With the recent decision of the Federal Reserve to cut rates, market observers and traders have started questioning: will gold’s price fall as a result? Historically, gold prices have shown a negative correlation with interest rates. However, the effect of a rate cut on gold’s price is not as straightforward as it seems. It depends on a multitude of factors including market sentiment, variables in geopolitics, and economic outlook among other factors. It is important for investors and traders to look beyond rate decisions when predicting future gold prices. Read More