
Falling rate cut hopes pressure gold prices even as economic worries and Fed discord boosts demand – Pepperstone’s Wu
(Kitco News) – Gold’s direction is uncertain with weakening December rate-cut expectations putting downward pressure on prices, while worries about a slowing U.S. economy and Fed independence support safe-haven demand, according to Dilin Wu, research strategist at Pepperstone.

Gold bulls tire at $4,200 as prices build a floor at $4,000
(Kitco News) - Despite solid profit-taking ahead of the weekend, the gold market is poised to end the week in positive territory and establish new support at $4,000 an ounce.

Gold holds above $4,000 as Fed uncertainty halts rally toward record highs
(Kitco News) - While the gold market appears to be building a new base above $4,000 an ounce, analysts note that gold’s failed breakout above $4,200 an ounce could mean the market needs to consolidate a little longer to build enough momentum to test last month’s all-time highs.




