Reported about 5 hours ago
Gold prices soared to another record high, surpassing $3,800 for the first time in futures trading. Analysts attribute this surge to various catalysts, including increased purchases by central banks, a weakening dollar, and China's potential role as a custodian for foreign gold reserves. With a 42% gain year-to-date, experts predict further increases, possibly reaching $3,900 by mid-2026 if current economic conditions persist.
Source: YAHOO