The price of gold keeps climbing to unprecedented heights. Here's why
The rush for gold just keeps coming
By WYATTE GRANTHAM-PHILIPS
Published - Sep 25, 2024, 01:12 PM ET
Last Updated - Sep 25, 2024, 01:12 PM EDT
NEW YORK (AP) — The rush for gold just keeps coming.
Gold hit another all time high this week. Recent gains for the precious metal are largely credited to ongoing economic uncertainty, geopolitical tensions and strong demand from central banks around the world.
If trends continue, analysts have bullish outlooks on the price of gold for the months ahead. But the future is never promised. Here's what you need to know.