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Gold, Silver Scale New Record Highs
6 Articles
6 Articles
The price of gold continued to climb on Tuesday, reaching a new all-time high of $4,140. Investors were turning to this safe haven, fearing an escalation in the trade war between China and the United States.
The price of gold reached a historic peak of over $4,100 this Tuesday, driven by the rising expectations that the Federal Reserve will cut interest rates this month and by the demand for shelter from trade tensions between the world's two largest economies. Cash gold rose by 0.6%, to $4,132.89 per ounce, after reaching a historic peak of $4,179.48 earlier in the session. Gold futures in the United States for delivery in December earned 0.4%, to …
Gold rockets to a record $4,074 — analysts predict a climb to $6,000 as global tensions and rate cuts fuel the surge.
Gold has done it again — the precious metal has shattered records, surging to an unprecedented $4,074 per ounce this week.Fueled by global instability, fears of another US-China trade war, and growing expectations of US Federal Reserve rate cuts, investors are piling into gold as their ultimate safe-haven bet.Gold's Historic BreakthroughSpot gold jumped 2% to $4,103.05 per ounce, while US futures climbed to $4,124.30, extending the metal's 54% y…
Gold climbs above $4,100 as investors brace for deeper US–China rift
Gold price continues to print record highs, and it passed the $4,100 milestone on Monday during the North American session, as the US-China trade war escalated last week, boosting the safe-haven appeal of Bullion. XAU/USD trades at $4,095, up nearly 2% at the time of writing.
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