TechFlow, September 2 - According to Jinshi Data, gold prices hit a new all-time high, with spot gold rising as much as 0.9% to USD 3,508.73 per ounce, surpassing the peak reached in April. Gold has risen over 30% year-to-date, making it one of the best-performing commodities.
Analysts believe that the prospect of Federal Reserve rate cuts and ongoing concerns about the future have provided fresh support for the precious metal's rally. Gold is benefiting as investors seek safe-haven assets amid political and economic turmoil.
Add to Favorites
Share to Social Media
