to hit a fresh record on Oct 8, driven by investors seeking safety from mounting economic and geopolitical uncertainty, alongside expectations of further interest rate cuts by the US Federal Reserve.
Price of gold continues to set records as uncertainty mounts over US dollar and central banks, including China’s, add to their stockpiles.
The foundation for this week's milestone was laid in September, when global physically backed gold ETFs recorded their largest monthly inflow, resulting in the strongest quarterly inflow on record of ...
(Reuters) -Gold surged above $4,000 an ounce to hit a record on Wednesday, driven by investors seeking safety from mounting economic and geopolitical uncertainty, alongside expectations of further ...
BOGOTA, Colombia (AP) — As gold prices hover at record highs, a leading Catholic leader in Peru’s Amazon is urging countries that are destinations for the precious metal to help stem illegal mining ...
Wall Street’s record-breaking rally is running out of momentum. The S&P 500 dipped 0.4% Tuesday from its latest all-time high and broke a seven-day winning streak. The Dow Jones Industrial Average ...
Gold futures in New York briefly jumped above the $4,000 mark just after 9 a.m. ET, a record high. The going price for New York spot gold had previously closed at $3,960.60 per troy ounce — the ...
Stock indexes mostly gained Monday, with the Nasdaq and S&P 500 registering fresh closing highs, as investors continued to downplay the U.S. government shutdown and AMD shares soared on news that ...
Goldman Sachs’ recent analysis projected that by mid-2026, gold could reach $4,000 per ounce, in a “perfect storm” scenario, with the potential to climb to $5,000 per ounce if just 1% of privately ...
Gold hit $4,000 an ounce for the first time on Tuesday, extending its record run amid heightened economic uncertainty and surging interest from everyday investors.
Central banks and other investors have been snapping up the “safe haven” asset, pushing prices nearly 50 percent higher since the start of the year.
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