Gold Rally Rolls On Amid Fed Rate-Cut Expectations

Group 1 - Gold prices are rising, with futures climbing 1.3% to $4,268 an ounce, approximately $120 short of the record high reached earlier [1][2] - Investors are anticipating a Federal Reserve interest rate cut of half a point by the end of 2025, which typically boosts gold's appeal compared to other safe-haven assets [2]