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 Gold hits fresh record as rate cut hopes build after data shows inflation ease READ MORE U.S. job growth totaled 275,000 in February but unemployment rate rose to 3.9% READ MORE World Gold Council: China's Gold Market Booms in 2023 READ MORE Economic Confidence at Odds: Strong Indicators vs. American Pessimism READ MORE An overlooked Fed policy comes into focus as central bankers weigh how to slow ‘QT’ READ MORE Add a Comment Cancel replyYour email address will not be published.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