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International Business Times UK
International Business Times UK
Business
David Unyime Nkanta

Gold Price Skyrockets to Record High — Fed Cuts and China's Reserves Trigger a Bigger Surge?

Gold China US Federal Reserve United States Inflation

Gold has rocketed to a historic peak of $3,790 (£2,802) per ounce, cementing its position as one of the strongest-performing assets of 2025.

The surge follows the US Federal Reserve's latest interest rate cut, a weakening dollar, and central bank gold stockpiling led by China. Analysts are now weighing whether the momentum could propel prices to the symbolic $4,000 (£2,957) threshold before year-end.

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