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