GOLD HEADS FOR 10% MONTHLY SURGE
Gold is on track for a gain of over 10% this month, lifted by U.S. shutdown fears and expectations of more Fed rate cuts. Futures rose 0.6% to $3,878.60 an ounce after hitting $3,899.20.Analysts warn elevated ETF inflows—the strongest since March 2022—make the market prone to profit-taking, though rate cuts, fiscal debt, and geopolitical risks still support prices long term.The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments