Global Market Highlights on Gold’s Record High
Gold has soared beyond $3,500 per ounce, reaching new all-time highs:
The Guardian reports gold surpassed $3,500, nearly doubling in value since early 2023, with central banks (notably India, China, Turkey, and Poland) ramping up purchases amid inflation and geopolitical instability The Guardian.
The Financial Times notes gold surged to $3,526/oz on September 2, 2025—a robust 34% gain year-to-date driven by a weaker dollar, political pressures on the Fed, and safe-haven demand Financial Times.
Reuters confirms spot gold briefly hit $3,508.50/oz during the day, driven by expectations of a Fed rate cut and uncertainty around Fed independence Reuters+1.
Markets are pricing in a ~90% chance of a 25 basis-point rate cut by the Fed at its September 17 meeting–this fuels the gold rally, as lower yields reduce the opportunity cost of holding non-yielding assets like gold Reuters+1.
Silver is also surging, hitting its highest prices in over a decade (~$40–41/oz), boosted by ETF flow and investor interest—even though it still trades at a relative discount to gold The GuardianFinancial Times.
What About Binance’s Role in this Trend?
While there's no official Binance announcement labeled explicitly with
#GoldPrizeRecordHigh , discussions are active on Binance's Square platform (its onboard content/community feed)
A post referencing
#GoldPriceRecordHigh cites reports of gold reaching approximately $3,508.70/oz on September 2, driven by the same global factors: weaker dollar, Fed rate cut expectations, political interference and bank buying. The post also notes that gold futures in India approached ₹105,300 per 10 g—a near-record high—reflecting strong domestic momentum Binance.
Additional posts on Binance’s Square platform highlight similar patterns: gold nearing $3,480/oz, despite some bearish moves in Bitcoin—demonstrating gold’s enduring appeal as a safe-haven compared to crypto assets Binance+2Binance+2.
#GoldPriceRecordHigh #viralpost