Gold prices rise even as Fed shoots down early rate-cut hopes

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Buy gold dips below this key psychological level - UBS

February 2, 2024 2:30 PM EST

UBS strategist Wayne Gordon shared the bank's gold view on where gold could be headed this year, saying in a note this week that demand from China is underappreciated.

Gordon explained that the corrections in expectations regarding when the Fed begins cutting rates are keeping the yellow metal... More