Gold Hits New Heights, Eyes $2,200 Milestone Amid Rate Cut Speculation Gold’s price surged to a new record high, reaching up to $2,185.50 an ounce, driven by optimism following a pivotal US jobs report. This report has increased expectations that the Federal Reserve might soon lower interest rates, propelling gold’s price upward for the eighth consecutive day. This rally, sparked by anticipated rate cuts, central bank acquisitions, and a resurgence in investor interest, has surprised many experienced market analysts due to its rapid and seemingly unprovoked nature, aside from the traditional factors that typically bolster gold’s appeal. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts De-Dollarization: A Gradual Shift from US Currency Control READ MORE Money vs. Currency: The Great Gold & Silver Rush READ MORE Gold Rallies on Mixed US Employment Report, Fed Rate Cut Hopes Grow READ MORE Fed Rate Cuts Predicted Only in Response to Economic Crisis, Says Black Swan Investor READ MORE Gold's Unprecedented Surge: Beyond Geopolitical Turmoil READ MORE Add a Comment Cancel replyYour email address will not be published.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