Can the price of gold keep going up?

News Snapshot:

According to the CME FEDwatch site, the U.S. market sees three interest rate cuts for the remainder of this year - in September, October and December. U.S. President Donald Trump has repeatedly called for lower interest rates and on Thursday indicated he may announce the new Federal Reserve Chair as early as later this summer (The term for the current Fed Chair, Jerome Powell, ends in May of 2026). This move is viewed as a way to minimize outgoing Fed Chair Powell’s impact on Fed policy decisions. Chairman Powell has stated his concerns on the inflationary impact of tariffs as...