Gold Futures Surge Amid Economic Pressures

Gold futures opened at a record high, surpassing the previous all-time high, driven by economic pressures and global tensions. Analysts predict at least two rate cuts from the Federal Reserve next year, further boosting golds appeal. U.S.-Venezuela conflicts and lower interest rates are also contributing to the surge. Golds price has increased significantly over the past year, with futures contracts allowing traders to bet on future prices. Investors are advised to closely monitor these trends.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.