Gold Price Soars to Record Ahead of US-China Talks and Rate Cut Decision

Post Views: 240 Gold Gold prices surged to new record highs on Monday, rebounding from Friday’s dip, as traders reacted to uncertainty over US-China trade talks and expectations of a Federal Reserve rate cut. Spot gold reached $4,380.89 per ounce, surpassing its previous all-time high before the selloff. US gold futures jumped by over 4%, nearing $4,400 an ounce.   Geopolitical Tensions Fuel Gold’s Rally The rally in gold prices comes amidst heightened geopolitical tensions, particularly between the US and China. While US President Donald Trump made reassuring comments about an impe...