00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Gold surge to a fresh all-time high of...
00:05$5,311 per ounce on Wednesday morning as the metal climbed...
00:102.5% year to date ahead of the Federal Reserve's policy decision.
00:14The rally followed...
00:15the U.S. dollar to its lowest level since February 2022.
00:19President Trump said...
00:20he was not concerned about the dollar's decline...
00:22and said he wanted it to seek its own level.
00:24Markets...
00:25expect the Fed to leave rates unchanged...
00:27with the CME FedWatch tool showing a nice...
00:3097.2% probability as of Wednesday morning.
00:33Investors are focused on policy...
00:35outlook beyond Chair Jerome Powell's tenure.
00:37Banks have raised gold targets...
00:39with Deutsche Bank...
00:40Société Générale...
00:41Morgan Stanley...
00:42and Goldman Sachs...
00:43citing continued upside risks...
00:45tied to monetary...
00:46political...
00:47and currency dynamics.
00:48For all things money...
00:49visit...
00:50www.com.
00:51www.com.
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