Tuesday, 02 January 2024 12:17 GMT

Why The Treasury's Current Actions Matter More To Gold Than A Rate Cut


(MENAFN- Investor Brand Network) Many gold investors are anxiously waiting to hear what rate decision will come out of the September meeting of the Federal Reserve. While the decision made may have an effect on the gold market, the impact is unlikely to be as durable as the effects of the current actions that the U.S. Treasury is already taking. We discuss some of them.

Favorable conditions for a sizeable gold rally are lining up, and those who play the long game are positioning themselves for what is coming. But don't be swept away just yet because, as the experienced analysts at entities like Numa Numa Resources Inc. will...

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