"Gold Soars to Record Highs Amid Fed Rate Cut Speculation"
TL;DR Summary
Gold prices hit a record high as markets anticipate global interest rate cuts, while Taiwan stocks fell after Donald Trump questioned U.S. support for the island. The S&P 500 reached record highs, and bond markets rallied. The Taiwan dollar and Chinese yuan saw slight declines, while New Zealand shares rose on slowing inflation data. U.S. Treasury yields remained steady, and oil prices dipped due to weak demand signals from China.
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- Gold prices extend gains to hit new record on Fed rate cut optimism CNBC
- Why gold prices look likely to smash more records MarketWatch
- Gold's party is just getting started as prices hit new all-time highs - abrdn's Minter Kitco NEWS
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