Gold prices have recently rallied to a series of new all-time highs. Experts believe that gold’s rally has room to go even higher.
“June’s cooling inflation and job market may be enough impetus for the Fed to start cutting rates soon, which, if the cuts start, will likely boost gold.”
—Edmund C. Moy, 38th Director of the U.S. Mint and Senior IRA Strategist for U.S. Money Reserve
What are the factors experts believe could push gold’s record-breaking price rally even further?
Click on the video link below for exclusive insights on this topic from U.S. Money Reserve’s Coy Wells.
Related headlines from around the web:
- The Financial Times: “Rich countries plan to buy more gold despite record price”
- Barron's: “Gold Can Keep Rising. Bet on Bling in the Face of Geopolitical Risk, Rate Cuts.”
- MarketWatch: “Why gold prices look likely to smash more records”
Enhance your portfolio with precious metals today.
Widespread market forces like central bank demand, geopolitical tensions, and monetary policy may continue to drive gold prices higher. Gold has also historically been used as a hedge against economic uncertainty and market turbulence. Now may be the perfect time to add wealth protection to your portfolio in the form of physical gold.
Watch U.S. Money Reserve’s “Market Insider” each week for more economic insights. Nothing herein should be considered as portfolio or retirement advice as U.S. Money Reserve (“USMR”) cannot and does not offer financial advice. Clients should consult a financial advisor for specific advice. This commentary is provided by USMR for informational purposes only and is provided on an “as is” basis without any warranty of any kind, whether express or implied. Your use of the information provided in this commentary is entirely at your own risk. In no event will USMR be held liable for any indirect, special, incidental, or consequential damages arising from the use of information contained in this commentary.
