"Gold's Soaring Potential: Experts Predict 30% Upside Amid Fed Rate Cuts"

Economist David Rosenberg predicts a 30% upside for gold prices, forecasting a potential rise to $3,000 per ounce as the Fed cuts interest rates. The current rally in gold is defying typical macroeconomic challenges and is driven by strong demand from central banks, emerging markets, and rising industrial usage. Geopolitical risks and uncertainties in the global economy are also contributing to the surge. Rosenberg anticipates further upside for gold as central banks begin to cut rates, with a potential 30% increase in play, and advises investors to consider overweighting gold in their portfolios.