July 26, 2024・Friday Gold Wrap
GDP Gives False Optimism: SchiffGold Friday Gold Wrap July 26 2024
Gold closed the week at $2,387 (down $13) and silver at $27.91 (down 4.7%). This week’s GDP numbers give the illusion of a strong economy. In reality, the economy remains insecure. The Fed must cut rates; the recent dip in precious metals prices is unlikely to last.
