Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Precious Metal»Gold price continues record run amid geopolitical tensions
    Precious Metal

    Gold price continues record run amid geopolitical tensions

    October 21, 20241 Min Read


    The price of gold has extended its fierce rally and hit a fresh high as investors flocked to the safe haven asset amid expectations of further interest rate cuts from central banks, uncertainty over the US election result and tensions in the Middle East.

    Bullion rose to a record of almost $2,733 a troy ounce after breaking through the $2,700 mark on Friday. That has taken the one-year gain in the precious metal to almost 40 per cent, making it one of the best performing asset classes of the past 12 months.

    The rise has been driven by expectations of a gradual fall in interest rates, with investors pricing in a 99 per cent chance of a rate cut by the Federal Reserve at its



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    L’or réaffirme le statut de sécurité, mais le chemin de Bitcoin peut être plus lumineux: les analystes

    Precious Metal

    Artemis Gold Inc. annonce l’ouverture officielle de la mine Blackwater

    Precious Metal

    1911 Gold suspend ses activités au complexe True North en raison d’un ordre d’évacuation lié aux incendies de forêt

    Precious Metal

    Back to basics : Silver économie

    Precious Metal

    Magma Silver Corp. conclut un accord de services de conseil avec Euroswiss Capital Partners Inc.

    Precious Metal

    1911 Gold suspend temporairement ses activités au complexe True North en raison de l’ordre d’évacuation de Bissett

    Precious Metal
    Leave A Reply Cancel Reply

    Top Picks
    Stock Market

    DeepSeek Prompts a Reckoning Across Wall Street and Silicon Valley – The New York Times

    Precious Metal

    les seniors geeks en finale départementale

    Property

    UK homeowners face hidden ‘house price crash’ as real values drop | Personal Finance | Finance

    Editors Picks

    Blezek Awards Aim to Keep Agricultural Education Teachers in Nebraska – KCSR / KBPY

    October 19, 2024

    Understanding Cryptocurrency During Divorce

    February 17, 2025

    Don’t Miss Out These 3 Real World Assets (RWA) Altcoins Set to Surge 3000% in the Upcoming Bull Run

    August 29, 2024

    Donald Trump once trashed bitcoin as ‘based on thin air.’ Now, he’s addressing crypto’s largest convention

    July 27, 2024
    What's Hot

    Bourse de Toronto, Endeavour Silver Corp., Perspective de la haute direction -Le 18 mars 2025 à 17:02

    March 18, 2025

    North East property market defies national trends as new builds rise by 33%

    May 6, 2025

    Huge Setback For Lummis As Landmark Cryptocurrency Bill Shot Down

    May 9, 2025
    Our Picks

    UK housing market steady as government walks fiscal tightrope

    March 31, 2025

    Receive Explosive Returns With These Two Rival Tokens Dogecoin (DOGE) and Mpeppe (MPEPE)

    August 19, 2024

    Over 800 companies attend intl agricultural machinery expo in Xinjiang

    May 29, 2025
    Weekly Top

    SEC Dismisses Lawsuit against Binance

    May 31, 2025

    Artemis Gold Inc. annonce l’ouverture officielle de la mine Blackwater

    May 31, 2025

    India’s Digital Payment Surge: Currency and Convenience

    May 31, 2025
    Editor's Pick

    Reformation de Black Sabbath : on connaît le prix de certains tickets du ‘plus grand show de heavy metal de tous les temps’

    February 10, 2025

    Qui a dit qu’un abri de jardin en métal devait coûter une fortune ?

    January 25, 2025

    The berry and honey industries

    February 27, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.