Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Mon, 06 Apr 2026 08:34:12 +0500 Mon, 06 Apr 2026 08:34:12 +0500 60 Gold hits record high as rate-cut hopes fuel rally https://english.aaj.tv/news/330449784/gold-hits-record-high-as-rate-cut-hopes-fuel-rally <p><strong>Spot gold surged to a record high of $4,383.73 per ounce on Monday, lifted by expectations of further US Federal Reserve rate cuts after last week’s quarter-point reduction, sustained safe-haven demand, and a softer dollar.</strong></p> <p>Gold, a traditional safe-haven asset, is up 67% for the year, driven by geopolitical and trade tensions, robust central bank buying and hopes of lower interest rates next year, while a lower dollar index has also helped by making the precious metal less expensive for overseas buyers.</p> <p>Investors are currently pricing in two US rate cuts in 2026, boosting non-yielding gold’s appeal.</p> Spot gold surged to a record high of $4,383.73 per ounce on Monday, lifted by expectations of further US Federal Reserve rate cuts after last week’s quarter-point reduction, sustained safe-haven demand, and a softer dollar.

Gold, a traditional safe-haven asset, is up 67% for the year, driven by geopolitical and trade tensions, robust central bank buying and hopes of lower interest rates next year, while a lower dollar index has also helped by making the precious metal less expensive for overseas buyers.

Investors are currently pricing in two US rate cuts in 2026, boosting non-yielding gold’s appeal.

]]> Business & Economy https://english.aaj.tv/news/330449784 Mon, 22 Dec 2025 09:54:05 +0500 none@none.com (Reuters) One-kilogram gold bullion bars lie on a surface at ABC Refinery in Sydney, Australia. – Reuters