2025-08-10
Gold prices hit a historic high! Geopolitical tensions drive safe haven demand
Affected by the escalation of the Middle East situation and global economic uncertainty, the international spot gold price has exceeded $2400 per ounce, reaching a historic high. Analysts point out that the expectation of the Federal Reserve's interest rate cut and the central bank's continued gold purchases further support gold prices. Investors need to pay attention to the US non farm payroll data released this week, which may trigger short-term fluctuations.