The safe-haven precious metal is basking in the afterglow of the Fed's first rate cut in four years. Gold futures vaulted to new highs above $2,600 an ounce as lingering skepticism persists over whether the central bank can successfully regain 2% inflation without sparking a recession.
Lower interest rates dim the appeal of the U.S. dollar while stoking demand for inflation hedges like bullion. Both institutional and retail investors have piled into the dip-buying bonanza to insulate portfolios from potential monetary policy turbulence.
However, gold's upside may be capped if the Fed can in fact orchestrate its elusive "immaculate disinflation." A full-fledged return of market risk appetite fueled by lower rates would represent kryptonite for precious metals prices.
YOU MIGHT WANT TO READ THIS NEXT
Gold May Be Your Last Line of Defense Against What's to Come
America has reached a point break in its economic landscape. As the Federal Reserve continues to navigate the complexities of our economic recovery, inflation remains stagnant, e
roding your purchasing power.
Traditional paper assets such as stocks and bonds are becoming increasingly volatile, shrinking the value of 401(k)'s and IRA's by the day.
Even more concerning, aggressive new tax hikes on 401(k) withdrawals could cost you a modest worker's yearly salary. The risk to your hard-earned money is clear…
Safeguarding your retirement savings should be the number one focus of every reader of this message! 
