Gold rebounded in recent days, supported by growing expectations of U.S. rate cuts, although a strong dollar and trade volatility continue to limit gains.
In Q3, global gold demand rose about 3% year-on-year, reaching a record 1,313 tons — investors are once again seeking safe-haven assets.
If the Fed proceeds with rate cuts and geopolitical tensions escalate, gold may extend its rally — upcoming inflation data and Fed statements will be crucial.
$GOLD... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
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