Mon, 22 Dec 2025
Investors are flocking to precious metals amid geopolitical tensions and expectations of more US interest rate cuts.
* Gold price has reached a new record high, trading above $4,400 (£3,275) an ounce.
* Price rise due to expectations of further US interest rate cuts in 2026 and geopolitical tensions.
* Gold started the year at $2,600 an ounce and has risen by over 68% since then.
* Silver price also hit a record high of $69.44 an ounce on Monday.
* Precious metals market experts attribute the rise to "slow-burning trends" around interest rates, war, and trade tensions.
* Analysts predict US will lower interest rates twice in 2026, driving up demand for gold.
* Central banks expanding physical gold holdings as a way to counter economic turbulence and diversify portfolios.
* Weaker US dollar making gold cheaper for overseas buyers and contributing to price rise.
>>
Terms of Use | Privacy Policy | Manage Cookies+ | Ad Choices | Accessibility & CC | About | Newsletters | Transcripts
Business News Top © 2024-2025