Gold Market Commentary: Jumbo Cut Drives Gold Rally

Mining

Gold Market Commentary: Jumbo Cut Drives Gold Rally

From the World Gold Council

September review

Gold had another stellar month, driven by escalating geopolitical tensions and a jumbo 50bp rate cut from the US Fed.

Looking ahead

Lower yields and wavering corporate spreads suggest we are in a gold-friendly environment. Elevated geopolitical risk should lend further. support.

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