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 Struggling Gen X: Drowning in Debt Amid Struggling Economy READ MORE Zimbabwe Introduces ZiG: A New Currency Backed by Gold READ MORE Oil Prices Reach 8-Week Highs: U.S. Stockpile Drop and China's Stimulus Fuel Surge READ MORE Historic $72 Million Coin Auction Set a Century After Magnate's Will READ MORE Silver vs Fiat: The Fall of Minimum Wage in Real Terms | Mike Maloney READ MORE Add a Comment Cancel replyYour email address will not be published.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