The price of gold is rising and has reached a new historical record, with the metal.
reaching a value of US$ 3.703,07 per ounce. 📈🥇
This appreciation is due to two main factors:
* Fed Meeting: The expectation for the decision of the Federal Open Market Committee (FOMC) of the USA, which may announce the first interest rate cut of 2025, is generating uncertainty in the market. This causes investors to seek assets considered "safe havens," like gold.
* International Demand: The weakness of the US dollar and the increase in global uncertainty are leading major powers and investors to increase their gold reserves. This drives demand and, consequently, the price. 🌎
Analysts indicate that if this scenario of uncertainty continues, the price of gold may rise even further, potentially reaching the mark of US$ 5.000 per ounce soon. 💰