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Gold hits record high on safe-haven demand, Fed rate-cut bets

GenevaTimes by GenevaTimes
December 26, 2025
in Business
Reading Time: 2 mins read
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Gold hits record high on safe-haven demand, Fed rate-cut bets
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Gold prices surged ⁠to a record high in early ‌Asian ‌trading on ‌Friday, buoyed by safe-haven demand and rising expectations of further interest ‌rate ‍cuts ‍by the U.S. Federal Reserve.

Spot gold ‌rose 0.5% to $4,501.44 per ounce by 0209 GMT, ‍after touching a ‍record ⁠peak ⁠of $4,530.60 earlier in the session.

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