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 U.S. Economy Triumphs: U.S. Growth During a Global Slowdown READ MORE Fed's Rate Cut Expectations Delayed as US Economy Proves Robust READ MORE The Dark Side of Economic Anxiety: Gen Z's Growing Tolerance for Digital Deception READ MORE Silver Is the New Gold' — Egyptians Try to Protect Savings READ MORE Cosmic Flash Leaves Scientists Puzzled Over Origin of Gold and Platinum READ MORE Add a Comment Cancel replyYour email address will not be published.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