Reported about 20 hours ago
Gold continues to rise, hitting new records as Wall Street analysts, particularly from Macquarie Group, predict prices could reach as high as $3,500 per ounce in the third quarter of 2025. The surge follows concerns over trade wars and modest inflation data, prompting expectations for interest rate cuts by the Federal Reserve. With year-to-date gains surpassing 11%, the demand for physical gold has surged as investors aim to preempt tariff impacts.
Source: YAHOO