đșđž Gold prices continued to rise, supported by expectations that the Federal Reserve will further reduce interest rates next year and ongoing geopolitical uncertainty continues to stimulate risk-averse demand. A Commerzbank analyst stated: "Although there are signs that the next Federal Reserve meeting in January may pause interest rate cuts, the door to further rate cuts remains open. We expect the reduction in interest rates to exceed current market expectations, especially after Powell's successor officially takes office as Federal Reserve chairman in May of next year.
