Gold Trades at Record Highs, But Will It Lose Its Shine? Analysts differ on whether gold’s recent rise can persist. PHOTO: CHRISTOPHER FURLONG/GETTY IMAGES Gold prices have surged to record highs in recent weeks, driven by geopolitical tensions, hopes for rate cuts, and a spike in algorithm-driven trading. Now, the question for investors is whether rising prices can persist. Gold futures were most recently trading at $2,164.5 a troy ounce, and spot prices for the precious metal are up 9.1% compared with a month ago. Over the past year, spot gold prices rose 14%. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Biden Administration Erases $1.2 Billion in Student Debt for 150,000 Americans READ MORE Dollar’s dominant reserve currency status to endure, says Morgan Stanley READ MORE 15 Weakest Currencies in 2024 READ MORE The Risks of Gold and Silver ETF's vs. Physical Metals READ MORE How Gen Z's Interest in Gold is Shaping the Market READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
