Gold Futures Rise Amid Fed Rate Cut Optimism, Will Crypto Market Mirror Recovery?

Gold futures have seen a significant rise, climbing 0.5% to $2,381 per troy ounce as U.S. Treasury yields have fallen. This increase is largely attributed to heightened expectations for a Federal Reserve interest rate cut. This follows soft U.S. retail sales data on Tuesday and inflation inching closer to the Fed’s target. Hence, netizens are The post Gold Futures Rise Amid Fed Rate Cut Optimism, Will Crypto Market Mirror Recovery? appeared first on CoinGape .

Source: CoinGape