Gold Silver STBT CALL Rocking – Gold Low 37588 Or Silver Low 45900, Gold Silver Hua Pani Pani – Dabba Wale ko Loot Lo – Neal Bhai
Analysts at Australia and New Zealand Banking Group (ANZ) provide their outlook on gold, in the wake of Fed’s uncertainty on the rate-cut outlook.
“Despite the Fed cutting rates by 25bps, Fed policy makers appeared split over the need for additional interest rate cuts.
Read More : Jay Powell and the Federal Reserve Fail Again. No “guts,” no sense – Donald Trump
This has been one of the main reasons behind gold’s strong performance over the past few months.
This uncertainty over the outlook for rates at the Fed is likely to see the market divided over the outlook for the precious metals.”