Gold Soars as Fed Holds Rates | Australia News

Gold’s price is surging again—up over 8% in a week—after a rollercoaster ride fueled by geopolitical shocks and Fed uncertainty. The initial spike followed Iran’s attack, rattling oil prices and inflation fears, but the recent climb? That’s all about the Fed holding rates steady and investors seeking safety. With soaring U.S. debt, slowing global growth, and central banks like China buying gold en masse to reduce dollar dependence, gold is becoming the ultimate safe haven. And if financial risks like Japan’s carry trade unwind or AI markets blow up, expect gold to keep climbing—especially if the Fed can’t convince markets inflation is under control. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/454ea547aa96e55f