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 Soft U.S. Data Pushes Gold to Two-Week High READ MORE Silver Is the New Gold' — Egyptians Try to Protect Savings READ MORE Hyperinflation Hits Argentina – Which Country Could be Next? READ MORE Massive Student Debt Strike Amid Loan Repayment Challenges READ MORE Moderate U.S. Inflation Rise Suggests Fed Could Keep Rates Steady Until Fall READ MORE Add a Comment Cancel replyYour email address will not be published.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