Tag: interest rates

Gold prices have been hitting record highs — here’s why the rally is far from over

Gold prices hit a new all-time high on Thursday, and there’s still room for it to surge as several countries are on a gold-buying spree. Prices could rise to $2,300 per ounce in the second half of 2024, especially against the backdrop of expectations that the U.S. Strong physical demand for gold is also fueled by its appeal as a safe-haven asset and investors looking to diversify amid[...]