The prospects for gold remain bright as rising interest rates in the US has resulted in a banking crisis in the US and a probable recession which might lead the investors to further increase their investments in gold and further appreciation in gold prices.
Fed’s Waller, leaning against March cut, sees easings later in year
Federal Reserve Governor Christopher Waller opposes a rate cut at the upcoming policy meeting. He suggests future cuts are possible if inflation pressures decrease. Waller
March 7, 2025