Gold Prices Soar Past $4,100 on Record Rally – Is $5,000 Next?
Gold’s historic rally shows few signs of stopping. Traders note that after gold briefly slid earlier this week, geopolitical jitters and rate-cut bets helped it rebound. As Reuters reports, “gold prices have gained about 57% this year, reaching an all-time peak of $4,381.21 on Monday” Reuters, and on Oct. 23 spot bullion was around $4,120/oz Reuters. U.S. December futures climbed…