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Gold prices may need clear signal of Fed cuts to break $2000, industrial silver demand set to rise

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kitco.com/news/2023-11-06/Gold-prices-may-need-clear-signal-of-Fed-cuts-to-break-2000-industrial-silver-demand-set-to-rise-Heraeus.html

Gold prices are staying steady even as interest rates remain at 22-year highs, but they will probably need a clear dovish signal from the Fed to rally decisively above $2000 per ounce, according to the latest precious metals report from analysts at Heraeus.
“The gold price had a muted reaction to the FOMC meeting following the recent $200 rally which peaked above $2,000/oz,…

This story from kitco.com was posted on 2023-11-07 by @volcano.

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