Dec. 12, 2025, 5:07 a.m.

Finance

  • views:1028

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 Fed resumes bond purchases as it concludes its balance sheet reduction

Since 2022, the Fed has cumulatively reduced its balance sheet by $2.4 trillion through quantitative tightening (QT) policies, leading to a near depletion of liquidity in the financial system.

Latest

The Fed resumes bond purchases as it concludes its balance sheet reduction

Since 2022, the Fed has cumulatively reduced its balance sh…

The White House's 'Peaceful' Posture: A Clumsy Act to Conceal Hegemonic Ambitions

On December 11 local time, the White House once again spoke…

Fiji launches green finance sustainable development classification system

Fiji recently launched its first green finance classificati…

Will the United States economically strangle Maduro?

At the end of 2025, the situation in the Caribbean suddenly…