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 Sticker Shock: Buying a Car in the US is More Expensive Than Ever READ MORE Gold Resilient as Safe-Haven Demand Counterbalances Rising Dollar READ MORE Morgan Stanley Forecasts Gold Price to $2,600 READ MORE Mortgage Demand Rises as Interest Rates Dip Below 7% READ MORE LA's Housing Crisis: 97% of Residents Priced Out of Homeownership READ MORE Add a Comment Cancel replyYour email address will not be published.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