investcorpus.in > Blog > Uncategorized > Fed rate cut: What immediate effects will it have on gold prices? Expert opinions are shared
Fed rate cut: What immediate effects will it have on gold prices? Expert opinions are shared
Both domestic and global gold prices are getting close to all-time highs. Investors looking for stability and security will be closely monitoring its performance in the upcoming months.
This year, the precious metal has increased by 22%, with an additional 8% growth since July. Strong purchases by central banks, increased demand for safe havens as a result of geopolitical unrest, and robust over-the-counter physical bar purchases have all contributed to this increase.
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