Gold Prices Reach Historic Peak

In a remarkable surge, gold prices have eclipsed the $3,500 mark for the first time ever, setting a new all-time high. This milestone comes as investors flock to safe-haven assets amidst growing market uncertainties.

Political Comments Stir Market

United States President Donald Trump has once again criticized Fed Chair Jerome Powell, accusing him of delaying interest rate cuts except during critical political moments. These remarks have reportedly fueled investor anxiety, further driving the demand for gold and other precious metals.

Precious Metals Rally

At 2:17 pm ET, gold witnessed a 2.41% increase, trading at $3,507.70 per ounce. Similarly, silver saw a 0.95% rise, reaching $32.83 per ounce, while platinum and palladium also experienced gains, climbing by 1.20% and 1.49%, respectively.