Dec. 24, 2025, 9:34 p.m.

Finance

  • views:1037

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

Robust Growth with a Cautious Perspective: Decoding the Multiple Underlying Concerns Behind the Strong US Q3 GDP Growth

The U.S. third-quarter GDP growth rate, strikingly highlighted at 4.3%, not only surpassed market expectations but also earned the label of "the fastest in two years."

Latest