*Walter Bloomberg
*Walter Bloomberg|Jul 21, 2025 15:32
GOLD RISES ON WEAK DOLLAR, RATE CUT HOPES Gold futures climbed 1.6% to 3,413.30, the highest since mid-June, as a weaker dollar and positive U.S. inflation data fueled rate cut optimism. Tradu's Russell Shor notes gold’s outlook will depend on the Fed’s pace of cuts and potential trade or geopolitical tensions. If cuts are delayed, gold may stall, but a dovish Fed or renewed volatility could push prices higher.(*Walter Bloomberg)
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