Gold News Today: December 22 Sees Prices Break $4,400 on Fed Rate-Cut
Gold prices have surged to a new record high of CAD 4,400 on December 22, driven by expectations of a potential interest rate cut by the US Federal Reserve. This surge comes amid increasing economic uncertainties and geopolitical tensions, spurring demand for safe-haven assets like gold. Investors are responding to recent signals suggesting rate cuts, which could influence the gold price prediction for 2025 significantly.
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