Gold Prices Soar to New Heights Defying Critics On Friday, gold prices soared, setting a new record high amidst a mix of factors, including anticipation of U.S. interest rate cuts, speculative purchases, and robust buying by central banks. Despite the strong job growth reported in March in the U.S., the momentum behind gold has propelled it to its third consecutive week of gains. The price of spot gold rose by 1.3% to $2,320.04 per ounce, peaking at $2,344.50 earlier in the day. This week alone, gold has increased by 3.8%, signaling a sustained upward trend. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Asia's Demand Fuels Gold Price Surge, Says Julius Baer READ MORE JP Morgan: Is It a Golden Era for Gold? READ MORE US Job Market Cooler Than Thought: 818,000 Jobs Reduced in Revision READ MORE Citi Forecasts Gold Prices Could Hit $3,000 Within a Year READ MORE The Best Time to Buy Gold & Silver in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published.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