The Economic Times News

Gold price prediction: where could gold rates move after the Fed rate cut - is the current gold price dip a buy as gold futures move toward $4,300?

Gold price prediction: Gold futures trade at $4,233.8, up 0.38%, as markets price a 25 bps Fed cut to 3.5%3.75% with 90% odds. Support sits at $4,160$4,115. Traders eye a move toward $4,300 if yields ease and jobs data weakens. A dip may be a buy, though a hawkish Fed could trigger a pullback.