Gold hits record high on safe-haven demand, Fed rate-cut bets

TIMESOFINDIA.COM Gold prices reached a new record high in early Asian trading on Friday, driven by safe-haven demand. Gold prices surged ⁠to a record high in early ‌Asian ‌trading on ‌Friday, buoyed by safe-haven demand and rising expectations of further interest ‌rate ‍cuts ‍by the U.S. Federal Reserve . Spot gold ‌rose 0.5% to $4,501.44 per ounce by 0209 GMT, ‍after touching a ‍record ⁠peak ⁠of $4,530.60 earlier in the session. Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel ) Read More News on gold prices record high spot gold asian trading federal reserve interest rate cuts precious metals (What's moving Sensex and Nifty Track latest market news , stock tips , Budget 2025 , Share Market on Budget 2025 and expert advice , on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less (You can now subscribe to our ETMarkets WhatsApp channel ) Read More News on gold prices record high spot gold asian trading federal reserve interest rate cuts precious metals (What's moving Sensex and Nifty Track latest market news , stock tips , Budget 2025 , Share Market on Budget 2025 and expert advice , on ETMarkets . Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today . Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price ... more less Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Disclosing AI revenue: Finding a best practice between Accenture’s U-turn and TCS debut Can Samco MF succeed with quant strategies? Why billion-dollar targets keep slipping in mid-tier IT, except at Firstsource Journey of institutional investors, from IPO cheerleaders to silent stewards Stock Radar: Phoenix Mills stock moving in an upward sloping channel; hits fresh 52-week high in December 2025 Even long-term investors need to turn unconventional: 5 large-caps from different sectors with upside potential of up to 25% 1 2 3 View all Stories

Preview: ~427 words