The possibility of interest rate cuts is driving the price of gold to an all-time high.

The price of gold has continued to rise in global markets of late, reaching all-time highs over the past twenty-four hours of trading.
In this context, gold broke a new record yesterday, Thursday, surpassing the threshold of 2,300 dollars per ounce, fueled by the possibility of a reduction in American interest rates this year and by the escalation of geopolitical tensions .

The precious metal has posted several record highs in recent weeks as the US Federal Reserve (the central bank) hints that it is about to begin easing monetary policy, making it more attractive for Investors.

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