▫️The Federal Reserve accepted a total of $409.594 billion from 67 counterparties in fixed-rate reverse repo operations.
 ▫️Fed will definitely cut interest rates in September, gold speculators are celebrating 
 As comments from Federal Reserve officials bolstered expectations of a U.S. interest rate cut in September, investors flocked to gold, the safe-haven asset and spot bullion hit highs  record.  "The odds of the Federal Reserve cutting interest rates in September are now up to 100%," said Bart Melek, head of commodity strategy at TD Securities.  Powell yesterday was driving the gold market higher."  Investment strategist at Blue Line Futures also said: "We will see two rate cuts (for the year), one in September and one in December, because of the expectation of a rate cut in September."  9 has increased to 100%.