Sept. 14, 2025, 7:49 p.m.

Finance

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

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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.

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