Gold Hits All-Time High, Propelled by US Rate-Cut Hopes, Safe-Haven Appeal
8 Articles
8 Articles
In a context of defiance against the dollar after the recent announcements of the US Federal Reserve, the gold price has gained value, even beating its record in October.
Gold hits all-time high, propelled by US rate-cut hopes, safe-haven appeal
Gold prices hit a new peak of $4,383.73 per ounce on Monday. This surge was driven by anticipated U.S. Federal Reserve rate cuts and continued demand for safe assets. A weaker dollar also made gold more attractive to international buyers. Investors are now expecting two rate cuts in 2026, increasing gold's appeal.
Gold Rush: The Price of the Precious Metal Reaches an All-Time High of $438,000 On December 22, the spot price of gold reached an all-time high of $4,383.73 per ounce. This rise is due to the easing of US monetary policy and increased global geopolitical instability.
Gold reaches all-time high near $4,380 amid safe-haven flows
Gold (XAU/USD) rises and hits its record high around $4,380 during the Asian session on Monday. The precious metal gains momentum as the Israel-Iran conflict and the rising in US-Venezuela tensions boost the safe-haven demand.
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