Gold Hits New Peak as Monetary Policy Shifts Fuel Rally

The price of gold has extended its rally, closing the week at a fresh annual high. Bolstered by expectations of interest rate cuts and softening U.S. labor market data, the precious metal has climbed to a new 52-week peak. This surge raises a pivotal question for investors: is the current move an exaggerated spike, or the next phase in a fundamental revaluation of the asset?

The primary drivers behind gold’s strength are clear. Market focus remains fixed on the U.S. Federal Reserve, which has already reduced its key interest rates three times this year, each by 25 basis points. However, market pricing for further easing steps in 2026 is proving Read more...