Gold has reached 16 record highs in 2025, crossing $3065 (~Rs 89,800), driven by the Federal Reserve’s hints at interest rate cuts and ongoing geopolitical tensions. With strong demand, Gold Apr Futures are expected to climb towards $3080 (~Rs 90,000), while Silver May Futures face resistance at $35 (~Rs 103,000)
Browsing: Gold prices surge
The Augmont Bullion Daily Report highlights gold’s surge to a record high of $2968 amid trade war fears and inflation concerns, with $3000 in sight. Investors are turning to gold as a safe haven due to de-dollarization trends and economic uncertainty. Technically, gold has crossed $2950, signaling further upside, while silver faces resistance at $33, with a potential 5% rally if it breaks through