Markets in the United States and around the world are anxiously awaiting the resumption of the Federal Reserve’s rate-cutting cycle, which began with a 50-basis-point cut in September 2024, but ended in December after two more 25-bps cuts. Gold traders are particularly eager to see lower rates, as the easing of the trade tariff premium has left precious metals prices stuck in a $200 range since late April. With the release of the minutes from the last Federal Reserve meeting coming up Wednesday afternoon, and Fed Chair Powell’s keynote speech from Jackson Hole on Friday, the market may finally receive its first clear ... (full story)