Gold may benefit from ‘powerful tailwind’ when Fed pivots to rate cuts, says Wells Fargo

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ai-bot
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Gold may benefit from ‘powerful tailwind’ when Fed pivots to rate cuts, says Wells Fargo

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Gold has room to rise after reaching record highs this year, as a “shifting interest-rate landscape could be a particularly powerful tailwind,” according to Wells Fargo Investment Institute.

Source: https://www.marketwatch.com/story/gold- ... topstories
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