-
Gold price hits record high as investors seek safety
The price of gold has hit a record high as demand for the precious metal remains strong amid global economic uncertainty. The spot gold price hit $3,508.50 per ounce early on Tuesday, continuing its upwards trend which has seen it rise by nearly a third this year. The precious metal is viewed as a safer asset for investors during times of economic uncertainty, and its price rose earlier this year after US President Donald Trump announced wide ranging tariffs which have upset global trade. Analysts say the price has also been lifted by expectations that the US central bank will cut its key interest rate, making gold ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From substack.com|Sep 2, 2025Dear Investors, As I write, gold prices are consolidating around $3,500 per ounce after smashing through 75 all-time highs this year alone! The yellow metal has now outperformed ...
From cnbc.com|Sep 2, 2025|2 commentsWhile inflation rates have cooled in recent years, U.S. Open attendees may still be experiencing the aftertaste as they sip on the tennis championship’s iconic beverage. The ...
From channelnewsasia.com|Sep 2, 2025Gold sailed past US$3,500 per ounce to a record high on Tuesday (Sep 2), as a weaker dollar and mounting expectations of a United States Federal Reserve interest rate cut in ...
-
- Newer Stories
From beemarkets.com|Sep 2, 2025The price actions of Gold (XAU/USD) have staged the expected bullish move, rallied by 2.3% and hit the US$3,435 resistance as highlighted in our earlier publication last Friday, ...
From pmi.spglobal.com|Sep 2, 2025Canada’s manufacturing economy remained inside contraction territory during August, with output, new orders and employment all declining since July albeit at noticeably slower ...
From invezz.com|Sep 2, 2025Recent uncertainty surrounding the standoff between US President Donald Trump and the Federal Reserve makes gold more attractive for investments. Despite the US government’s ...
- Story Stats
- Sep 2, 2025 7:11am Posted byFundamental Analysis247
