"Gold Surges to Record Highs Amid Fed Cut Speculation and Geopolitical Tensions"
TL;DR
Gold prices surged to a record high as the second quarter began, propelled by expectations of rate cuts from the Federal Reserve and escalating geopolitical tensions. The precious metal reached as high as $2,259.69 an ounce on Monday, marking a 1.3% increase from Thursday's closing price and continuing its recent upward trend.
- Gold Hits Record on Fed Cut Outlook and Geopolitical Tension Bloomberg
- Gold hits record highs on safe-haven demand, US rate cut bets CNBC
- Gold Jumps to Record as Favored Fed Inflation Gauge Stokes Rally Yahoo Finance
- How high will the price of gold go? Here's what some experts think CBS News
- It may be silver's turn to shine after the gold rush to record high prices Morningstar
Want the full story? Read the original reporting
Read on Bloomberg