Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Thu, 09 Apr 2026 00:14:35 +0500 Thu, 09 Apr 2026 00:14:35 +0500 60 International Gold prices jump to record high above $4,100 https://english.aaj.tv/news/330439261/international-gold-prices-jump-to-record-high-above-4100 <p><strong>Gold prices jumped to a record high above $4,100 on Tuesday, supported by rising expectations of a US Federal Reserve rate cut this month and safe-haven demand following renewed trade tensions between the world’s two largest economies.</strong></p> <p>Spot gold rose 0.5% to $4,128.49 per ounce, after hitting a record high of $4,179.48 earlier in the session.</p> <p>US gold futures for December delivery gained 0.3% to $4,144.10.</p> <p>Gold has surged 57% so far this year and breached the key $4,100 mark for the first time on Monday, driven by geopolitical and economic uncertainties, rate-cut expectations, strong central bank buying, and robust exchange-traded fund inflows.</p> <p>US President Donald Trump remains on track to meet Chinese leader Xi Jinping in South Korea in late October, US Treasury Secretary Scott Bessent said on Monday.</p> <p>While trade negotiations between the US and China intensify, the two nations will start charging port fees on ocean shipping firms that move everything from holiday toys to crude oil.</p> <p>Analysts at the Bank of America and Société Générale expect gold to reach $5,000/oz in 2026. Spot silver fell 0.1% to $52.27, after hitting a record high of $53.60, buoyed by the same factors supporting gold and spot market tightness.</p> Gold prices jumped to a record high above $4,100 on Tuesday, supported by rising expectations of a US Federal Reserve rate cut this month and safe-haven demand following renewed trade tensions between the world’s two largest economies.

Spot gold rose 0.5% to $4,128.49 per ounce, after hitting a record high of $4,179.48 earlier in the session.

US gold futures for December delivery gained 0.3% to $4,144.10.

Gold has surged 57% so far this year and breached the key $4,100 mark for the first time on Monday, driven by geopolitical and economic uncertainties, rate-cut expectations, strong central bank buying, and robust exchange-traded fund inflows.

US President Donald Trump remains on track to meet Chinese leader Xi Jinping in South Korea in late October, US Treasury Secretary Scott Bessent said on Monday.

While trade negotiations between the US and China intensify, the two nations will start charging port fees on ocean shipping firms that move everything from holiday toys to crude oil.

Analysts at the Bank of America and Société Générale expect gold to reach $5,000/oz in 2026. Spot silver fell 0.1% to $52.27, after hitting a record high of $53.60, buoyed by the same factors supporting gold and spot market tightness.

]]> Business & Economy https://english.aaj.tv/news/330439261 Tue, 14 Oct 2025 13:57:47 +0500 none@none.com (Reuters)