Gold Hits Record Highs: Geopolitical Fears & Rate Cut Hopes Fuel Historic Surge

• Gold prices surged to record highs, approaching $4,500 per ounce, driven by global events.
• Geopolitical tensions, including the Russia-Ukraine war and threats to energy supply, make gold a safe haven for investors.
• Expectations of the US Federal Reserve cutting interest rates twice next year boost gold's appeal over other investments.
• Lower interest rates reduce returns on FDs and bonds, making gold a more attractive store of value.
• Strong buying by central banks and continuous inflows into gold ETFs provide structural support, with gold up over 70% this year.

Why It Matters: Global geopolitical instability and anticipated interest rate cuts are driving gold to unprecedented record highs.