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News in English (USA) / 04.09.2025 / 17:00

Gold Prices Hit Record Highs Amid Economic Turmoil and Investor Demand

Gold has reached unprecedented price levels, driven by investor concerns over economic stability and expectations of U.S. Federal Reserve rate cuts. Analysts from Goldman Sachs speculate that if former President Trump continues to interfere with the Federal Reserve, gold could surge to nearly $5,000 an ounce. The surge in gold prices has attracted attention as various factors, including a weaker dollar, anxiety over tariffs, and a rising debt crisis, contribute to a growing rush for safe-haven assets. Recent data indicating a softening U.S. labor market and diminished job openings have further reinforced the bullish sentiment for gold, as investors look for alternatives amid a fracturing global economic landscape. As investors assess the evolving situation, questions arise about the sustainability of this rally and whether it is too late to enter the gold market.
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