đ° Gold $XAU Hits New Record High as Safe-Haven Demand Soars
Gold prices surged again today, breaking past $4,400 per ounce â the highest level ever recorded. Investors are piling into gold amid rising expectations that the U.S. Federal Reserve will cut interest rates, boosting demand for safe-haven assets.
đ Whatâs Driving the Rally
đ° Interest rate cut bets: Traders expect rate cuts by the Fed in early 2026, making gold more attractive than yield-bearing assets.
đ Safe-haven flows: Geopolitical tensions and global uncertainty are pushing investors toward gold.
đ Strong annual gains: Gold is up nearly 68% this year, its best performance in decades.
đ Local Price Trends
In Pakistan, gold prices also climbed, with the per gram rate rising compared to last week, reflecting strong global cues.
đĄ Bottom Line
Gold continues to shine as a safe-haven favourite, hitting fresh highs backed by rate-cut expectations and investor demand during uncertain markets.
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