Record-Breaking Rally: Gold Prices Soar on Economic Easing and Safe-Haven Demand Gold soared to an all-time high on Tuesday, driven by anticipation of relaxed U.S. monetary policies and ongoing global tensions. This surge is supported by a robust foundation: heightened physical demand in Asia, consistent central bank acquisitions, and gold’s enduring appeal as a safe haven. Central banks have consistently added to their gold reserves for eight consecutive months, underlining the metal’s attractiveness. The price of spot gold climbed 0.8%, reaching $2,130.79 per ounce and briefly peaking at $2,141.59, signaling strong momentum that may continue to lift gold’s value. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Survey Shows Americans Drowning in Debt READ MORE Investor Focus on Fed's Rate Strategy Boosts Gold During Rising Inflation READ MORE Fed's Looming Rate Cut Could Bolster Biden's Reelection Bid READ MORE From Bust to Boom: Miners Seek Investor Redemption Amid Price Surge READ MORE U.S. Credit Card Debt Hits Record $1.14 Trillion READ MORE Add a Comment Cancel replyYour email address will not be published.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