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 Zimbabwe Introduces ZiG: A New Currency Backed by Gold READ MORE De-Dollarization: Cross-Border Payment Platform to Include Currencies from Pakistan, India, and Chin READ MORE Gold Hits New Highs with Strong COMEX Positioning and ETF Inflows READ MORE Inflation No Match for Coca-Cola's Global Demand in Q2 Earnings READ MORE Incrementum: Monthly Gold Compass July 2024 READ MORE Add a Comment Cancel replyYour email address will not be published.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