Gold Breaks New Record, Reaches $4,200/oz Amidst Fed Policy Shift

Spot gold has set a new high, soaring past the $4,200/oz mark and exceeding historical records. This surge is attributed to expectations of potential U.S. Federal Reserve rate cuts, alongside escalating trade tensions. The Fed’s willingness to adjust its policy stance in response to evolving economic risks plays a key role in this gold market movement. Market analysts believe this shift reflects an overall trend toward safe-haven assets as investors seek stability amidst global uncertainty.