TechFlow news, December 22 — According to Jinshi Data, spot gold surged to a record high of $4,400 per ounce on Monday, boosted by market expectations of further Fed rate cuts, ongoing safe-haven demand, and a weaker US dollar. Driven by geopolitical and trade tensions, central bank buying momentum, and hopes for rate cuts next year, this traditional safe-haven asset has risen 67% year-to-date. Investors are currently pricing in two US rate cuts in 2026, enhancing gold's appeal.
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