Gold continues to see a lot of noisy behavior, as the market is trying to price in the idea of whether or not interest rate cuts and geopolitical concerns continue to be a major issue.
Gold continues to see a lot of noisy behavior as we are trying to get a grapple with the idea of whether or not risk appetite is going to rally, or if it is going to continue to struggle. There are a whole plethora of reasons for gold to continue
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Gold pulls back from record highs, but Fed rate cuts and dollar weakness set the stage for future gains. Investors await key inflation data for next moves.
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