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Gold Price Forecast: XAU/USD refreshes all-time high near $3,950 on firm Fed rate cut bets

Gold price (XAU/USD) posts a fresh all-time high around $3,950 during the European trading session on Monday. The yellow metal strengthens as traders become increasingly confident that the Federal Reserve (Fed) will cut interest rates by 50 basis points (bps) in the remainder of the year.

Source: fxstreet.com (Read Full Article)