Gold Hits Record High as Fed Signals Rate Cuts

Gold surged to an all-time high on Thursday after the U.S. Federal Reserve signaled the possibility of two interest rate cuts this year. The prospect of lower rates boosted the metal’s appeal as a safe-haven asset amid ongoing geopolitical and economic uncertainties.

Investors are increasingly turning to gold as a hedge against market volatility, with demand further driven by concerns over global stability. Analysts expect the metal to remain strong as central banks adjust monetary policies.