Gold surged to a fresh record on Monday, breaking above the $4,400 mark as investors seek safety amid mounting global uncertainty. Slowing US job growth and easing inflation have strengthened expectations that the Federal Reserve will cut interest rates further, reducing returns on bonds and boosting gold’s appeal. A weaker US dollar and sustained buying by central banks have added momentum. Gold is up 67% this year. Silver has outperformed even more dramatically, rising 138% on strong demand and tight supply. Analysts remain optimistic long term but warn of short-term volatility. Seasonal trends support prices, though profit-taking risks grow into year-end.
—
Gold Price | Gold Fed Rate Cut | Silver Price | Firstpost | World News | Latest News | Global News | International News | Trending News
#goldprice #silverprice #fedratecuts #firstpost #worldnews #latestnews #globalnews #internationalnews #trendingnews
Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
Follow Firstpost on Website:
Follow Firstpost on Instagram:
Follow Firstpost on Facebook:
Follow Firstpost on X:
Follow Firstpost on WhatsApp:
Watch Full Video on YouTube
