The Federal Reserve is set to cut interest rates in September! Gold hits a historic high, Morgan Stanley: aiming for $3,800 by the end of 2025!
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The Federal Reserve is about to cut interest rates, with the market expecting a nearly 90% chance of a 25 basis point cut at the meeting on September 17. Gold prices have reached a historic high of $3,508 per ounce, and silver prices have also risen to a 14-year high. Morgan Stanley predicts that gold prices could reach $3,800 per ounce by the end of 2025, while Goldman Sachs expects gold prices to rise to $3,700 per ounce by the end of 2025 and further climb to $4,000 per ounce by mid-2026
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