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 America’s Office Fire Sale Has Barely Begun READ MORE U.S. Economic Growth Hits 3.2% in Q4, Marking Six Quarters of Sustained Expansion READ MORE China’s gold markets under strain READ MORE 30-Year Fixed Mortgage Back Near 7%: Mortgage Interest Rates Today for March 25, 2024 READ MORE Oxfam Report: Billionaire Fortunes Double Amidst Global Pandemic READ MORE Add a Comment Cancel replyYour email address will not be published.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
