Renewed Recession Fears Can Push Gold Prices Upward

While the anticipation of the first interest rate cut is building, so are recession fears. That could add another catalyst for higher gold prices as forthcoming economic data could hint at slower growth. Economists at global investment firm Goldman Sachs are forecasting that the likelihood of a recession is 25%, which presents limited risk. Still, [...] The post Renewed Recession Fears Can Push Gold Prices Upward appeared first on ETF Trends .