#GoldHitsRecordHigh
Gold Soars to Record High Amid Fed Rate Cut Expectations!
Gold just smashed through another all-time high, reaching $3,689.27 per ounce earlier today . This rally is fueled by growing anticipation that the Federal Reserve will cut interest rates for the first time since December, possibly by 25 basis points (or even 50!) at its upcoming meeting .
A softer U.S. dollar and lower Treasury yields are making non-yielding bullion more attractive to investors . Plus, reports of China potentially easing gold import/export rules have sparked strong buying activity .
Experts remain bullish, with J.P. Morgan forecasting gold could average $3,675/oz by Q4 2025 and climb toward $4,000 by mid-2026 . UBS also raised its price target to $3,800/oz by end-2025, citing Fed easing and geopolitical risks .
With persistent inflation, trade uncertainties, and central bank demand staying robust, gold’s safe-haven appeal is stronger than ever . Whether you’re a seasoned investor or just diversifying, now might be a golden opportunity to consider adding some shine to your portfolio!