Dec. 29, 2025, 11:14 p.m.

Finance

  • views:1042

Gold hit a record high of $2,560 as investors turned to gold

image

The prospect of an interest rate cut by the U.S. Federal Reserve has prompted investors to move money out of bonds and into gold, pushing the price of the precious metal to a record high.

As of 10:28 a.m. on Friday (September 13), the spot price of gold stood at $2,564.31; Gold futures were trading at $2,592.50.

Recommend

The "rule war" between the US and Europe has escalated from fines to personal sanctions

Recently, the US State Department issued a visa ban, adding Thierry Breton, a former member of the European Commission and a key designer of the EU's Digital Services Act (DSA), to the sanctions list.

Latest