Gold Price Climbs to $2,577.50 as Rate Cut Expectations Grow Gold prices have reached new record highs, driven by expectations of interest rate cuts by the Federal Reserve and other central banks. The precious metal’s value has surged nearly 25% this year, benefiting from economic uncertainties, geopolitical tensions, and its status as a safe-haven asset. Investors are closely watching for signals from the Fed’s upcoming meeting, with most anticipating a rate cut that could further boost gold’s appeal compared to interest-bearing assets. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Japan's May Wholesale Inflation Surges, Challenging BOJ Rate Hike Plans READ MORE Fed Rate Cut Propels Gold to New Record Highs READ MORE Investment Giants Turn to Gold as Hedge Against Economic Uncertainties READ MORE Chinese Gold Trading EXPLODES READ MORE Gold Price Predictions Skyrocket: Wall Street Banks See Record Highs READ MORE Add a Comment Cancel replyYour email address will not be published.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