Gold's Glittering Milestone: Surges Past $2,300 Amid Rate Cut Hopes Gold prices soared to a new peak, surpassing $2,300 per ounce, fueled by anticipation of a U.S. interest rate cut. This optimism was kindled by Federal Reserve Chair Jerome Powell’s remarks, indicating that recent positive economic data hasn’t altered the Fed’s monetary policy outlook. Although spot gold slightly dipped to $2,287.88 after reaching a record $2,304.09, the surge underscores investors’ growing confidence in gold as a safe haven amid monetary easing expectations. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Russian Crude Exports Hit Seven-Month Low Amid OPEC+ Compliance READ MORE CNBC's February Inflation Breakdown READ MORE Poorer Americans Bear the Brunt of High Interest Rates READ MORE Supercore Inflation Surge Signals Tough Road Ahead for Fed READ MORE Gold Hits Record $2,400 as Middle East Tensions Heighten READ MORE Add a Comment Cancel replyYour email address will not be published.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