Spot Gold Sets New All-Time High, Futures Break $3,100 Barrier
Gold prices hit new record highs as investors turn to the metal as a hedge against inflation and global instability.
Spot gold briefly reached $3,086.70 per troy ounce, while futures surpassed $3,100, driven by hotter-than-expected U.S. inflation data. Analysts attribute gold’s ongoing surge to strong fundamentals, including central bank buying, BRICS accumulation, and geopolitical uncertainty.
Experts suggest retail investors could push prices even higher if they enter the market. With gold marking its 18th record high this year, further gains may depend on economic policies and global tensions.
Clever Robot News Desk 31th March 2025
