Gold Surges to New High Amid Rising Haven Demand Gold surged to a record high of $2,450.07 an ounce, driven by rising expectations that the Federal Reserve will cut interest rates this year and by increasing geopolitical tensions in the Middle East. The recent decline in the US dollar and lower Treasury yields, following better-than-expected inflation data, also supported the precious metal’s rise. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Key Inflation Rate Aligns with Expectations, Boosting S&P 500 READ MORE What Does the Red Sea Disruption Mean for Europe's Economy? READ MORE US Jobless Claims Decline Again, Signaling Labor Market Strength READ MORE Nasdaq: Where are Precious Metals Prices Heading in Q2? READ MORE Gold vs. Silver [The 5 Differences That Matter Most to Investors] READ MORE Add a Comment Cancel replyYour email address will not be published.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