Gold skyrockets to a record $2555 amidst rate cuts and economic uncertainty, signaling potential market shifts ahead.
Gold prices have reached a new record high of $2555, breaking the previous peak of $2532 after a period of consolidation. This surge comes amid rising US jobless claims and a downward revision in prior Producer Price Index (PPI) data, along with the European Central Bank’s recent rate cut. Spot gold was trading positively at ...