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

Kinross Gold Price Target Raised to $9.00/Share From $7.00 by Jefferies

Kinross Gold Price Target Raised to $9.00/Share From $7.00 by

Dow JonesJul 12 10:56 ET

Jefferies Maintains Kinross Gold(KGC.US) With Hold Rating, Raises Target Price to $9

Jefferies analyst Matt Murphy maintains $Kinross Gold(KGC.US)$ with a hold rating, and adjusts the target price from $5 to $9.According to TipRanks data, the analyst has a success rate of 69.0% and

Moomoo NewsJul 12 08:33 ET · Ratings

Jefferies Keeps Their Hold Rating on Kinross Gold (KGC)

TipRanksJul 12 08:06 ET

Express News | Kinross Gold Corp : Jefferies Raises Target Price to $9 From $7

ReutersJul 12 02:24 ET

Kinross Gold Corp Price Target Raised to C$15.00/Share From C$11.00 by Eight Capital

Kinross Gold Corp Price Target Raised to C$15.00/Share From C$11.00 by Eight

Dow JonesJul 11 12:28 ET