Gold Tops $2400 Amid Rate-Cut Hope: Is the Bull Run Over?

The anticipation of a Federal Reserve rate cut in September has invigorated the gold market, propelling prices above the $2,400 threshold for the first time since May 22nd. This surge followed the release of US Consumer Price Index (CPI) data on Wednesday, which fell short of Wall Street expectations and prompted the market to price in over a 90% chance of a rate cut in September.

Analysts NotebookJul 12 11:23 ET

Barrick Gold Price Target Raised to $23.00/Share From $22.00 by Jefferies

Barrick Gold Price Target Raised to $23.00/Share From $22.00 by

Dow JonesJul 12 10:40 ET

Why Barrick Gold (GOLD) Is a Top Momentum Stock for the Long-Term

Yahoo FinanceJul 12 09:50 ET

Jefferies Maintains Barrick Gold(GOLD.US) With Buy Rating, Raises Target Price to $23

Jefferies analyst Matt Murphy maintains $Barrick Gold(GOLD.US)$ with a buy rating, and adjusts the target price from $21 to $23.According to TipRanks data, the analyst has a success rate of 69.0%

Moomoo NewsJul 12 08:33 ET · Ratings

Jefferies Remains a Buy on Barrick Gold (GOLD)

TipRanksJul 12 08:06 ET

Scotiabank Maintains Barrick Gold(GOLD.US) With Buy Rating, Maintains Target Price $23

Scotiabank analyst Tanya Jakusconek maintains $Barrick Gold(GOLD.US)$ with a buy rating, and maintains the target price at $23.According to TipRanks data, the analyst has a success rate of 52.4% and

Moomoo NewsJul 12 07:31 ET · Ratings