Central Banks and Rate Cuts Propel Gold to New Heights Gold prices have surged to record highs in 2024, outpacing the S&P 500’s gains. This rally is driven by central bank demand, geopolitical tensions, and expectations of interest rate cuts. The Federal Reserve’s recent rate reduction and China’s economic stimulus measures have further boosted gold’s appeal. While some view this as a sign of economic uncertainty, others see it as an opportunity for continued growth in the precious metals market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts UBS Sees Strong Potential in Commodities, Elevates Precious Metals Allocation READ MORE Gold and Silver Alert: Market Turmoil May Unlock Historic Buying Opportunity READ MORE Eastern Gold Rush: How Chinese Traders Are Reshaping the Global Bullion Market READ MORE Markets on Edge: Continuing Coverage of Regional Banking Crisis READ MORE Gold Recycling Rises in India During Wedding Season Amid High Prices READ MORE Add a Comment Cancel replyYour email address will not be published.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