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Gold price loses ground despite rising Fed rate cut bets, geopolitical risks – FXStreet

Gold prices attracted sellers in Asian markets on Tuesday. Growing expectations of a U.S. interest rate cut this year and escalating geopolitical conflicts may limit gold’s declines. Investors will be closely watching the U.S. central bank’s consumer confidence and home price index data due on Tuesday. Gold prices (XAU/USD) are trading in negative territory due […]

Gold price hits new record highs as the West loses price-setting powers: Frank Giustra & Pierre Lassonde on new geopolitical reality & resource nationalism – KITCO

(Kitco News) – Canadian mining legends Frank Giustra, CEO of the Fiore Group, and Pierre Lassonde, Honorary Chairman of Franco-Nevada, have announced that they will continue to invest in Western countries as gold prices reach new highs once again. says it has lost the power to determine the price of gold. Giustra and Lassonde also […]