đĄ Gold Rises to Record High on Rate-Cut Bets and Venezuela Tension
Gold prices surged to an all-time high, driven by growing expectations of U.S. Federal Reserve interest rate cuts and escalating geopolitical tensions involving Venezuela. Safe-haven demand for the precious metal has strengthened sharply as markets price in looser monetary policy and elevated risk sentiment.
Key Facts: âą Spot gold climbed ~1.2% to a record ~$4,391.92/oz, breaking past previous highs.
âą Silver also hit a historic peak (~$69.23/oz) amid the same bullish flow.
âą Gold has gained ~67% this year, on pace for its strongest annual performance since 1979, supported by safe-haven buying, central bank inflows, and rate-cut expectations.
With markets pricing in potential Fed rate cuts in 2026 and geopolitical risks intensifying, goldâs role as a store of value has never been more prominent â but seasonal year-end dynamics and thinner trading volumes could prompt profit-taking.
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