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 Inside Job at Toronto Airport Leads to $16.5 Million Gold and Cash Heist READ MORE Household Debt Climbs but Economy Shows Signs of Robust Growth READ MORE A-Mark Takes Control of Leading Canadian Online Precious Metals Retailer READ MORE Jackson Hole Symposium: Powell's Speech to Signal Fed's Rate Cut Strategy READ MORE Gold Shines Amid Tough Year for Commodity Returns in 2023 READ MORE Add a Comment Cancel replyYour email address will not be published.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