Gold Price Trades With a Positive Bias for the Sixth Straight Day Gold prices have continued to rise for the sixth consecutive day, nearing the record highs set just the day before, around $2,265-$2,266. This surge is happening against a backdrop of increasing doubts about the Federal Reserve’s potential to lower interest rates three times within the year, spurred by positive U.S. manufacturing data. Additionally, escalating geopolitical tensions in the Middle East are dampening investors’ willingness to engage with riskier assets, further boosting gold’s appeal as a safe-haven asset amidst a stronger U.S. dollar and a generally softer risk sentiment in the market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts DataTrek: Silver Undervalued Relative to Gold, Cyclical Gains Expected READ MORE Why have all Chinese banks disappeared from the LBMA Gold Price auction? READ MORE Why Silver Is One Of The Most Important Elements On Earth READ MORE ING Gold Monthly: The Bull Run Isn't Over Yet READ MORE Gold Soars to New Heights as Fed Rate Cut Approaches READ MORE Add a Comment Cancel replyYour email address will not be published.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