UK 05:23 Saturday, 17 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Gold closed the week at $2,504 – down a shade on last week’s $2,512 but still above $2,500. It also marks yet another monthly all-time high. There is talk of a potential correction ahead of the Fed meeting this month when Chairman Jerome Powell is widely expected to announce the first rate-cut of a new easing cycle – the question is whether it is a 0.25% trim or a 0.5% hacking. The market seems to expect the latter, but I am not so sure.
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