#GoldPriceRecordHigh Today's gold price has reached an all-time high, with the global gold price rising 0.61% to US$ 3.497,77 per ounce. Previously, the gold price had briefly surpassed the record of US$ 3.508,50. Meanwhile, US gold futures for December delivery surged 1.4% to US$ 3.563,40.

*Supporting Factors for Gold Price Increase:*

- *Expectations of Fed Rate Cuts*: Market participants anticipate a 90% chance that the Fed will cut interest rates by 25 basis points at the upcoming meeting on September 17. Gold tends to perform well in low-interest-rate environments.

- *Weakening US Dollar*: The crisis of confidence in dollar assets due to President Donald Trump's attack on the Fed's independence has also pushed gold prices higher.

- *Weakening Economic Conditions*: Expectations of a weakening US economy are also a major driver of the increase in precious metal prices.

Thus, gold prices are likely to continue rising in the coming days.