Fed rate cut odds boost gold prices, investor demand for silver adds to physical squeeze and ATH – Heraeus

(Kitco News) – The sharp rise in Fed rate cut odds is boosting gold prices, while silver is continuing to build on last week’s fresh all-time highs as investor demand exacerbates tight physical supplies, according to precious metals analysts at Heraeus.In the latest update, the analysts wrote that the chances of a U.S. rate-cut at the December Fed meeting have spiked despite mixed economic data.