Tag: central banks
Business
Gold Surges Past $4,220 as Fed Rate Cut Odds Climb and Central Banks Keep Buying
Gold surged past $4,220 per ounce on November 28, 2025, as Fed rate cut odds hit 80% and central banks bought 166 tonnes in Q2 alone. J.P. Morgan forecasts $4,000 by mid-2026 amid record demand and dollar skepticism.
