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 Dow Nears Historic 40,000 Milestone Amid Optimism READ MORE Gold Market Shines During Spring Festival, Yet Slower Growth Expected Ahead READ MORE Gold Consolidates as Markets Await Clues on Fed's Next Move READ MORE Bull Market Gains Momentum as Latest Inflation Data Surprises READ MORE Falling Retail Sales Drive Treasury Yields Down, September Rate Cut Likely READ MORE Add a Comment Cancel replyYour email address will not be published.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