---
title: Gold hit record high 2'135.39/oz in early trading hours
description: "Gold surged to a new all-time high as growing expectations for US rate cuts early next year. This latest leg of gold's rally has been turbocharged by comments on Friday from Fed Chair Jerome Powell. \nPrecious metal's strength has been underpinned buy other factors as purchases by governments and central banks as well as geopolitical uncertainty."
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Gold hit record high 2'135.39/oz in early trading hours](https://blog.syzgroup.com/syz-the-moment/gold-hit-record-high-2135.39/oz-in-early-trading-hours)

 Written by [Jean-Claude Braha](https://blog.syzgroup.com/syz-the-moment/author/jean-claude-braha) | Dec 4, 2023, 2:29:34 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/gold-hit-record-high-2135.39/oz-in-early-trading-hours)

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