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Metals outlook: Markets prepare for blockbuster FOMC meeting

Gold and silver prices held steady after last week's rallies, with all eyes on the Federal Reserve's upcoming FOMC meeting. Geopolitical tensions and an assassination attempt on former President Trump are expected to drive investors towards precious metals. Traders are now anticipating a 59% chance of a 50-basis-point cut, higher than last week's expectations. Silver outperformed gold last week, rising 10% compared to gold's 3.5% gain.

Original article source: https://www.jpost.com/business-and-innovation/precious-metals/article-820342
Source Id: 8323567847

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