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 Yellen Says She Regrets Saying Inflation Was‘Transitory’ READ MORE Opinion: Cutting interest rates is misguided – the easy money would only fuel inflation READ MORE IMF Cautions Against Premature Rate Cuts by Central Banks READ MORE Gas Prices Could Soar Past Last Year's Rates Amid Refining Woes READ MORE The Scene of THE CRIME READ MORE Add a Comment Cancel replyYour email address will not be published.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