A worker displays a one kilogram gold bullion bar at the ABC Refinery in Sydney on August 5, 2020.
Gold prices shot to a record high on December 22, 2025 as investors grow increasingly optimistic the US Federal Reserve will continue to cut interest rates through next year.
Gold prices shot to a record high on Monday as investors grew increasingly optimistic that the US Federal Reserve will continue to cut interest rates through next year.
The precious metal hit a peak of $4,383.76 in early trade as a string of data last week pointing to further weakness in the US labour market and easing inflation gave the central bank room to ease monetary policy further.
READ ALSO: CO2 Soon To Be Buried Under North Sea Oil Platform
Monday’s gain pushed the commodity past its previous high of $4,381.52, touched in October.
The youtHouse reporters, also known as “the Great Green Parrot”- (GGP), is the pioneer, biggest and most active Digital /Online News Outfit and Information Sharing Channel of the Nigerian Youth and Student Community, established in Year 2020 to champion a new order of Creativity and Innovations in Youth Development across the Country and in the Diaspora.
