Gold races to all-time high above $3,500 on US rate cut prospects
Gold prices rose over 4% in 2025 amid expected Federal Reserve rate cuts, with central banks buying more than 1,000 tonnes annually, driving demand higher.
- Gold surged to an all-time high on Tuesday as markets responded to a weakening U.S. dollar, intensifying expectations of a Federal Reserve rate cut, and heightened investor concerns over the central banks independence.
- Expectations of a Federal Reserve rate cut in September remain elevated, with the CME FedWatch tool indicating a roughly 90% probability of a 25-basis-point cut.
- A softer U.S. dollar has made gold more appealing to foreign investors, further fueling the rally.
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135 Articles
After a relatively calm summer for the golden ounce, his role as a safe haven pushes him to new records at more than $3,500. The questioning of Donald Trump's independence from the US Federal Reserve, the persistence of geopolitical tensions with conflicts in the Middle East and Ukraine and the fear of a debt crisis in France prompt central banks, institutional investors and savers to buy gold.
The persistent international tensions have confirmed it as an unalterable safe haven: the golden ounce has crossed the symbolic threshold of $3,500 and could even exceed $4,000 before the end of the year.
Hong Kong. The price of gold exceeded Tuesday's record of $3,500, in a sign that investors seek refuge against global economic uncertainty.The precious metal was quoted at $3,501.59 the ounce in the morning trade of Asian markets, above its previous record of $3,500.10 reached in April. Investors look for yellow metal in the face of the prospect of a drop in interest rates in the United States and fear of the loss of independence of the US Feder…

Gold hits high, stocks retreat as investors seek safety
Stock markets fell and gold hit a record high Tuesday as investors fled to safe havens over concerns about US President Donald Trump's Federal Reserve fight, tariffs uncertainty and Europe's public finances.
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