Gold, which has been consolidating for the past three months, broke through in August.
Trump's encroachment and even control over the Federal Reserve, the interest rate cut expectations brought about by Powell's &#34;turnaround,&#34; and the continuous rise in U.S. inflation have provided the momentum for gold's breakthrough.
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Gold, which had been consolidating for the past three months, broke through in August. Trump's encroachment on and even control of the Federal Reserve, the interest rate cut expectations brought about by Powell's "pivot," and the continued rise in U.S. inflation have all provided momentum for gold's breakout

Gold "Breakthrough"?