Gold reached a new historic level of $3,673.95 per ounce, driven by market anticipation of U.S. rate cuts. Expectations of lower interest rates increase gold’s attractiveness compared to the dollar. Concerns also emerged بشأن استقلالية مجلس الاحتياطي الفيدرالي, as investors turned to gold as a safe haven in this environment.
Demand from central banks further strengthened the global gold market, while economic and political tensions added more momentum to the rally. Analysts noted that gold may maintain its record levels, as the current movement reflects investors’ desire to protect their wealth. Gold could remain one of the biggest beneficiaries of weakening confidence in monetary policy.
