Fed Rate Cut 50 basis points today

dragonwang

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With Fed announcing today that they're cutting 50 basis points and another 50 basis points by end of the year, what do you think the gold prices will be like by the end of the year and in the future? I bought a lot of gold when it was ~$1200 and now I'm not sure if it's time to buy more gold again. Costco selling 1 oz gold bar for $2619.99 tax-free, which is a small mark-up above spot price.
 
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