Sept. 17, 2025, 9:17 p.m.

Finance

  • views:945

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

Israel's multi-front military strikes have exacerbated the unrest in the Middle East

Recently, the situation in the Middle East has once again become suddenly tense due to Israel's military actions.

Latest