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 March Numbers Show Prices Rising Faster Than Predicted READ MORE Russia's Central Bank Adapts Gold Buying Strategy Amid Rouble's Rise READ MORE Wall Street Veteran Predicts 7 Yeras of Lower Stock Market Returns READ MORE Gold Prices May Hit $3,000 by Late 2025, Says BofA READ MORE Gold Prices Surge on Geopolitical Tensions, Then Dip After Fed Comments READ MORE Add a Comment Cancel replyYour email address will not be published.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