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Gold

Gold’s Unstoppable Rise: Tenth Record This Year as Markets Eye $3,000

Gold Falls Below $3,350 as U.S. Jobs Report Surprises to the Upside
Gold Falls Below $3,350 as U.S. Jobs Report Surprises to the Upside

Gold prices have achieved their tenth record high this year, climbing to $2,954.69 per ounce as investors react to President Trump’s latest trade threats and geopolitical tensions.

The precious metal’s 12% rise in 2024 reflects growing market anxiety over potential new tariffs on multiple sectors, including lumber, automobiles, semiconductors, and pharmaceuticals.

Analysts view the $3,000 mark as an inevitable milestone, with the current $2,950 level representing the last technical resistance.

Eight more from the desk

Other dispatches from the bullion wire.