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Investing gold prices are reacting positively to

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SKU: 6614066
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Investing gold prices are reacting positively to weaker-than-expected U.S. jobs data, implying potential Fed rate cuts by September. Bullion trades at $2,333 with intraday volatility tightening. Technical traders monitor the 50-day MA at $2,305 as a dynamic support. A gold IRA is one option for building up your retirement fund with an inflation-hedging asset. Before there were modern-day meme stocks like GameStop , Tilray and AMC there was silver. In the late 1970s, three brothers, known as the Hunt brothers, did the unthinkable and attempted to corner the silver market believing that silver was a suitable hedge against the rampant inflation that plagued Americans during the 1970s. Being that the Hunt brothers were the sons of legendary oil tycoon H.L Hunt, they had the necessary funds to make a valiant attempt. Using leverage, the Hunt brothers began aggressively accumulating silver, causing silver prices to skyrocket from $6 an ounce to $50 per ounce! Analysts from major brokerages revise Q3 target to $2,365, citing technical consolidation and macro uncertainty. Short covering in futures adds to upside potential.