Recession Risks Rising: Fed Rate Cuts, Weak Growth to Boost Gold Prices
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U.S. is heading towards a recession in 2023, growth outlook will deteriorate.
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Fed will likely cut rates more than expected as recession hits.
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Rate cuts and recession will boost gold prices to new highs in 2024.
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Current gold strength shows structural demand shift by central banks.
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Investor gold demand will also pick up as rates drop on recession outlook.