Gold Jumps as Powell Hints at September Rate Cut Possibility

The price of gold has increased significantly since the Chair of the Federal Reserve Jerome Powell hinted at an upcoming shift in U.S. monetary policy. While giving his speech at the recent Federal Reserve Central Bank symposium, Powell highlighted that economic growth was slowing and discussed the increasing inflation risks, suggesting that the Fed may cut interest rates soon if needed. 

Gold industry actors like GEMXX Corp. (OTC: GEMZ) will be looking to leverage the…

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NOTE TO INVESTORS: The latest news and updates relating to GEMXX Corp. (OTC: GEMZ) are available in the company’s newsroom at https://ibn.fm/GEMZ 

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