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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.
Jefferies Adjusts Wheaton Precious Metals' PT to $67 From $62, Keeps Buy Rating
Wheaton Precious Metals (WPM) has an average rating of buy and price targets ranging from $60 to $80, according to analysts polled by Capital IQ.Price: 59.28, Change: -0.01, Percent Change: -0.02
Express News | Jefferies Maintains Buy on Wheaton Precious Metals, Raises Price Target to $67
Express News | Wheaton Precious Metals Corp : Jefferies Raises Target Price to $67 From $62
Wheaton Precious Metals Corp Price Target Raised to C$95.00/Share From C$85.00 by Eight Capital
Wheaton Precious Metals Corp Price Target Raised to C$95.00/Share From C$85.00 by Eight
Precious Metals Start a Rally After Soft US CPI Data – TDS
Precious metals rally started after below expected US inflation data hit the market. Asian demand for Gold (XAU/USD) and Silver (XAG/USD) goes up, TDS senior commodity strategist Ryan McKay notes.
Seventhen : Litecoin
White_Shadow : start hoarding spoons
OneManBand : Silver Institute numbers are off and Silver Demand way higher than demand and China and India are driving large “exchange for physical” shipments !
Please watch to get the truth:
SILVER ALERT! "Historical" Data Changes in New 2024 Silver Survey are Off the Charts!! (Bix Weir)
White_Shadow OneManBand: that video is some dumptruck conspiracy theorist..