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Gold Trades Near Record on Fed Rate-Cut Sign, US-China Tensions
Gold rose to a record high, boosted by an escalation in US-China frictions and bets the Federal Reserve will cut interest rates twice more this year. Bullion climbed to a peak of $4,185 an ounce. Spot silver advanced after a volatile day on Tuesday that saw prices surge to an all-time high above $53.54 an ounce, before tumbling sharply amid signs a historic squeeze is starting to ease. Meanwhile, risk-off sentiment swept markets — boosting gold’s haven appeal — after President Donald Trump said he might stop trade in cooking oil with China. The comments injected fresh tensions into the relationship between the ... (full story)
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- Oct 14, 2025 10:00pm Posted byFundamental Analysis257
