Gold, Silver Rally As Traders Price '98% Probability' of Sept Rate Cut

July 17, 2024

In a year that began with expectations of rate cuts that haven't yet come, it's increasingly appearing that the wait may be coming to an end.

Because as of Tuesday morning, the futures market is now pricing in a 98% probability of a rate cut by the September meeting.

Arcadia Economics

*********


Gold is using for heat dissipation in some cars.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook