Over 50 bps rate cut to cause panic; gold may surge to $3,000: Santosh Rao

Santosh Rao of Manhattan Venture Partners discussed how Fed rate cuts, geopolitical tensions, and a weakening dollar are driving gold prices up. He suggested gold could reach $3,000 due to continued demand and election uncertainties. Rao sees gold as a crucial part of diversified portfolios and a hedge against economic issues.