Record-Breaking Rally: Gold Prices Soar on Economic Easing and Safe-Haven Demand Gold soared to an all-time high on Tuesday, driven by anticipation of relaxed U.S. monetary policies and ongoing global tensions. This surge is supported by a robust foundation: heightened physical demand in Asia, consistent central bank acquisitions, and gold’s enduring appeal as a safe haven. Central banks have consistently added to their gold reserves for eight consecutive months, underlining the metal’s attractiveness. The price of spot gold climbed 0.8%, reaching $2,130.79 per ounce and briefly peaking at $2,141.59, signaling strong momentum that may continue to lift gold’s value. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Here’s why high interest rates haven’t caused a US recession READ MORE Gold prices hit another record high after fresh U.S. data spurs Fed cut expectations READ MORE Charted: Workers Win As Wage Growth Outpaces Inflation READ MORE Silver Could Be Heading to $50 – Watch These Levels for Clues READ MORE Gold & Silver Confiscation: Can the Government Seize Assets? READ MORE Add a Comment Cancel replyYour email address will not be published.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
