Gold hits $3,750: Fed's rate cuts reveal why smart money is buying
Key Points
- Gold is currently at $3,750, boosted by a recent Fed rate cu...
Gold is currently sitting pretty at $3,750, and if you think that sounds expensive, wait until you hear what happened after the Fed's latest rate cut. The precious metal has been acting like that one friend who always knows the best restaurants before they get crowded – quietly positioning itself while everyone else is still figuring out the menu.
The Fed's 25 Basis Point Love Letter
On September 18th, the Federal Reserve delivered a 25 basis point rate cut, dropping the benchmark to a cozy 4.00-4.25% range. Translation for normal humans: borrowing money just got slightly cheaper, and si...
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