.August 6, 2024 02:43:20 AM

Gold prices have surged to near-record highs due to recession fears and rate cut expectations. Investors are turning to gold as a safe-haven asset amidst economic uncertainty. Anticipated rate cuts by central banks are also driving up gold prices, as lower interest rates make gold more attractive. Gold’s price trends reflect a mix of economic fears and monetary policy expectations, with prices nearing historic highs. To enhance investment analysis, utilize tools like FMP’s Price Target By Company API to gain insights into price targets and make informed decisions based on market expectations. Compare price targets across industries and sectors to refine your investment approach. Explore the API for precise and comparative data.