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Gold Hits $3,700 As Fed Cuts and Central Bank Buying Converge
Gold Hits $3,700 As Fed Cuts and Central Bank Buying Converge Canada NewsWire ...
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[{"type":"text","content":"\n\n\n\n Gold Hits $3,700 As Fed Cuts and Central Bank Buying Converge\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n Equity Insider\n \n\n\n News Commentary\n \n\n\n\n Issued on behalf of Lake Victoria Gold Ltd.\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Sept. 16, 2025\n \n\n /CNW/ --\n \n\n Equity Insider\n \n\n\n News Commentary\n \n -- Fed rate cut expectations have reached certainty levels, with futures markets now showing 100% probability for a 25 basis-point reduction in September, following tepid August employment data that solidified monetary easing momentum\n \n [1]\n \n . This policy pivot arrives as gold surges past\n \n $3,700\n \n toward Goldman Sachs' aggressive\n \n $3,700\n \n year-end target\n \n [2]\n \n , while central banks accelerated purchases to 166 tonnes in Q2 2025 alone\n \n [3]\n \n , a 41% surge above historical norms as sovereign institutions diversify away from traditional dollar-denominated assets. The convergence of easier monetary policy with structural de-dollarization trends is creating unprecedented conditions that benefit\n \n Lake\n \n Victoria Gold\n \n\n (TSXV: LVG) (OTCQB: LVGLF),\n \n 1911 Gold Corporation\n \n (TSXV: AUMB) (OTCQB: AUMBF),\n \n Tudor Gold Corp.\n \n (TSXV: TUD) (OTCPK: TDRFF),\n \n Teuton Resources Corp.\n \n (TSXV: TUO) (OTCQB: TEUTF), and\n \n Talisker Resources Ltd.\n \n (TSX: TSK) (OTCQX: TSKFF).\n \n\n\n\n\n\n\n\n\n\n JPMorgan\n \n now forecasts gold reaching\n \n $4,000\n \n by mid-2026\n \n [4]\n \n , supported by projected quarterly demand averaging 710 tonnes from central banks and investors, while warning prices could surge even earlier if demand outpaces expectations.\n \n\n\n Lake\n \n Victoria Gold\n \n\n (TSXV: LVG) (OTCQB: LVGLF) has already\n \n cleared a crucial regulatory hurdle\n \n as\n \n Tanzania's\n \n\n National Environment Management Council\n \n approved the Updated Environmental and Social Management Plan for its fully-permitted Imwelo Gold Project. This approval removes what many consider the final significant barrier to development, positioning...