INSUBCONTINENT EXCLUSIVE:
The gold market experienced its fourth consecutive day of decline on Tuesday, December 17, 2024
$2,662.00 per troy ounce on the Comex division of the New York Mercantile Exchange, marking a 0.30% decrease
economic projections are expected to provide crucial insights into future monetary policy
These projections could significantly impact market sentiment and gold prices.Analysts widely anticipate a 25 basis point interest rate cut
(Photo Internet reproduction)Despite the recent dip, UBS Wealth Management maintains a bullish outlook on gold
forecast is based on several factors
the anticipation of lower interest rates in the United States are likely to support its value
The potential weakening of the US dollar could make gold more attractive to investors holding other currencies.In addition, this may lead to
an increase in demand for gold
