🚨 Gold Futures Break Records, Hit New All-Time High at $5,050 🚨
Gold futures extended their strong rally, officially breaking previous records and reaching a new all-time high of $5,050 per ounce in the latest trading session.
The surge is driven by:
Growing expectations of earlier and deeper Fed rate cuts, as U.S. inflation and growth indicators continue to cool.
Rising geopolitical risks and macroeconomic uncertainty, boosting safe-haven demand.
A weaker U.S. dollar and declining bond yields, increasing gold’s appeal to global investors.
The breakout above the $5,000 psychological level is seen as a major sentiment milestone, reinforcing gold’s bullish medium to longterm outlook amid a gradually forming monetary easing cycle.
This article is for informational purposes only and does not constitute investment advice.
