-
Gold hits new all-time high: $4,000 per ounce
Gold has reached a new all-time high of $4,000 per ounce amid expectations of Fed rate cuts, a weaker dollar, and strong central bank purchases. Additional support comes from inflows into gold-backed funds and rising geopolitical tensions. FreshForex analysts forecast a climb to $4,200 by year-end. What happened today? On Wednesday morning, spot gold broke above the $4,000 mark for the first time ever, confirming this year’s impressive rally. The market is supported by expectations of interest rate cuts and steady safe-haven demand from both retail and institutional investors. Upcoming growth triggers: US CPI for ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Investors can’t help but notice the sparkle of gold’s record run. But they may want to think twice before adding more of it to their portfolios — over the long haul, it underperforms compared to stocks and other assets. “Gold glitters but earnings compound,” said Pat Beaird, a certified public accountant and co-founder of Beaird Harris Wealth Management in ...
From miningweekly.com | Oct 9, 2025
Silver prices shot to a record high on Wednesday, buoyed by gold's bull run and growing investor demand for hard assets amid persistent geopolitical and economic risks, as well as expectations of US interest rate cuts. Spot silver XAG= hit an all-time high at $49.57 per ounce. Both a precious and industrial metal, silver has gained 70% so far this year, ...
From channelnewsasia.com | Oct 9, 2025
Gold steadied on Thursday, holding firm above the $4,000 level it crossed for the first time ever a day before, amid hopes of further U.S. rate cuts this year and signs of easing tensions in the Middle East. Spot gold was steady at $4,037.95 per ounce as of 0439 GMT, erasing a 0.5 per cent drop in early trade. The metal touched a record high of $4,059.05 on ...