Last week, the Federal Reserve made headlines with its announcement of a significant 50-basis-point rate cut, igniting expectations for further reductions and propelling gold prices to unprecedented heights. On September 23, gold futures traded on the COMEX—the world's largest gold futures exchange—surged to an all-time high of $2,653 per ounce. This remarkable increase reflects approximately a 30% rise in gold prices since the start of the year, with prices consistently setting new records throughout 2024.
The Fed's decision to lower the benchmark interest rate substantially boosted both spot and future gold prices, which were already on an upward trend. Rising geopolitical tensions in the Middle East, which typically enhance gold's status as a safe-haven asset during instability, further amplified this momentum.
We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.
We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!
Credit: Gerald Celente
INTEREST RATES DOWN, MARKETS AND GOLD UP, NUCLEAR WAR ON HORIZON
[ Ссылка ]
#gold #goldpriceprediction #geraldcelente
