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Gold Prices Soar Near Record High Amid ETF Surge

2/24/2025

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Summary

Story summary

Gold prices neared a record high, trading around $2,940 per ounce.
This increase represents the longest price rise in eight weeks since 2020.
Gold-backed exchange-traded funds (ETFs) saw substantial net inflows last week, the highest since 2022.
The previous peak was achieved on Thursday.

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Story summary

Gold prices neared a record high, trading around $2,940 per ounce.
This increase represents the longest price rise in eight weeks since 2020.
Gold-backed exchange-traded funds (ETFs) saw substantial net inflows last week, the highest since 2022.
The previous peak was achieved on Thursday.