Breaking: Gold reaches record high at $2,966 post US data

Gold prices raced to a record high within touching distance of the key milestone of $3,000 per ounce on Thursday, with momentum driven by elevated tariff uncertainty and bets on monetary policy easing by the U.S. Federal Reserve.

Episode 6985 of the Daily SumUp podcast, hosted by Daily SumUp, titled "Breaking: Gold reaches record high at $2,966 post US data" was published on March 14, 2025 and runs 1 minutes.

March 14, 2025 ·1m · Daily SumUp

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Summary

Gold prices raced to a record high within touching distance of the key milestone of $3,000 per ounce on Thursday, with momentum driven by elevated tariff uncertainty and bets on monetary policy easing by the U.S. Federal Reserve.Spot gold climbed 1.6% to $2,979.76 an ounce, as of 13:55 ET (1755 GMT), after hitting its twelfth record peak this year earlier in the session. Hosted on Acast. See acast.com/privacy for more information.

Episode Description

Gold prices raced to a record high within touching distance of the key milestone of $3,000 per ounce on Thursday, with momentum driven by elevated tariff uncertainty and bets on monetary policy easing by the U.S. Federal Reserve.

Spot gold climbed 1.6% to $2,979.76 an ounce, as of 13:55 ET (1755 GMT), after hitting its twelfth record peak this year earlier in the session.

Hosted on Acast. See acast.com/privacy for more information.

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