LONDON, 29 August 2024 - Comment from BullionVault appears today in the latest gold-price update from leading US financial news site MarketWatch.
"With inflation falling in [today's] PCE data, "the 'Goldilocks' outlook for a soft landing continues to buoy the stock market," the report quotes Adrian Ash, director of research.
"Gold traders are also betting on the Fed cutting rates sharply by year's end, even after the upward revision to Q2's GDP growth."
Read the full story, syndicated to sites including MSN and Morningstar, at MarketWatch here:
Gold in 'stealth bull phase' as it marks another fresh record-high settlement