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**[Market Analysis: Five Reasons for Gold's New Record High]** Gold Finance reports that gold prices have hit a new high, reaching $3,640 per ounce, with a daily increase of nearly 1.5%. Adam Button, an analyst at the U.S. financial website InvestingLive, stated that after breaking out of the consolidation range from April to September, gold prices have shown a parabolic upward trend. There is no real mystery behind this, and the main reasons are as follows: 1. Trump is attempting to take control of the Federal Reserve and push interest rates down to levels they would not normally reach. 2. The global trade order is collapsing. 3. The global order surrounding military intervention is disintegrating (referencing U.S. Vice President Vance's weekend remarks about the killing of a Venezuelan citizen). 4. Fiscal spending is out of control. 5. Technical indicators consistently support the trend.

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Today 2025-09-08
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