Today’s top gold news and opinion

12/05/2023

Gold price hits all-time high as traders bet on interest rate cuts (FT)
Gold remains far from its inflation-adjusted high of about $3,300 per troy ounce achieved in 1980..

UAE: Why is everyone buying gold despite record-high prices? (Zawya)
Huge crowds and busy shops were seen all across the country as people flocked to buy the yellow metal

COT: Speculators add further fuel to gold rally (Saxo)
Firm belief that rates have peaked