Financial MarketsGoldUpdated 2 days ago

Gold Prices Surge Above $4,500 Amid Geopolitical Tensions

Gold prices have reached a historic high, surpassing $4,500 per ounce for the first time, fueled by escalating geopolitical tensions, particularly involving the U.S. and Venezuela, as well as concerns in Eastern Europe and tensions between China and Japan. Additionally, expectations of further interest rate cuts by the U.S. Federal Reserve have contributed to this surge.

Related Articles (2)
Gold Climbs Above $4,500/oz for First Time Amid Rising Geopolitical Tensions
PositiveFinancial Markets
Gold prices have surged above $4,500 per ounce for the first time, driven by escalating geopolitical tensions, particularly between the U.S. and Venezuela, alongside rising concerns in Eastern Europe and frictions between China and Japan.
Gold Soars Above $4,500 for First Time on Geopolitics, Rates
PositiveFinancial Markets
Gold prices have surged to a record high, surpassing $4,500 an ounce for the first time, driven by escalating geopolitical tensions in Venezuela and anticipations of further interest rate cuts by the US Federal Reserve.

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