Gold jumps to the highs of the week
Quick move higher
Gold is at the highs of the day, up $15 to $1513 including an $8 rally in the past few minutes.
Yields are moving lower and the market is feeling a bit more confident that the Fed will be there when it matters.
At the same time, you can make a case for gold whether the Fed cuts or not. That's one of the reasons that it's been on such a rip.
In any case, we're at the highs of the week but there's still a gap between this and the August highs.