Gold Prices Soar to New Heights Defying Critics On Friday, gold prices soared, setting a new record high amidst a mix of factors, including anticipation of U.S. interest rate cuts, speculative purchases, and robust buying by central banks. Despite the strong job growth reported in March in the U.S., the momentum behind gold has propelled it to its third consecutive week of gains. The price of spot gold rose by 1.3% to $2,320.04 per ounce, peaking at $2,344.50 earlier in the day. This week alone, gold has increased by 3.8%, signaling a sustained upward trend. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Hits Three-Week High as Cooling Inflation Fuels Fed Rate Cut Hopes READ MORE Retirement Dreams Fade for Young Americans Amid Economic Challenges READ MORE Inflation No Match for Coca-Cola's Global Demand in Q2 Earnings READ MORE Goldman Sachs: Gold is the Best Investment Right Now READ MORE Hyperinflation to Hope: Zimbabwe Launches New Gold-Backed ZiG Currency READ MORE Add a Comment Cancel replyYour email address will not be published.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