Gold futures soared to a record high today as investors turned to the safe-haven asset amid uncertainties surrounding the Federal Reserve's policies and expectations of an imminent rate cut. The precious metal's price surged to unprecedented levels, outperforming all expectations and creating a buzz in the financial markets.
The surge in gold prices comes as a response to growing concerns over the Fed's decisions and their impact on the economy. With worries about inflation and global economic instability on the rise, investors are turning to gold as a reliable store of value.
According to analysts, the record high prices are also fueled by geopolitical tensions and the potential for a trade war, with investors seeking refuge in the precious metal. President Donald Trump's policies and the ongoing trade negotiations have also contributed to the surge in gold prices.
As the price of gold continues to climb, investors are closely watching the markets for any signs of a reversal. With the looming possibility of a rate cut by the Fed, the future of gold prices remains uncertain, but for now, the precious metal stands at an all-time high.
Category: Finance
Published on: 2025-09-02 09:48:24
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Gold price hits record high as investors seek safe haven, The Guardian
Gold price hits record high as investors seek safety, BBC News
Gold futures rise to record high on Fed concerns, rate cut expectations, MarketWatch
After years of struggling on the high street, WH Smith is considering the possible sale of its retail business, according to recent reports. The once beloved British retailer has faced declining footfall and sales in recent years, as more consumers turn to online shopping for their needs.
Despite attempts to revamp its stores and product offerings, WH Smith has been unable to keep pace with the competition. With the rise of e-commerce giants like Amazon, traditional brick-and-mortar retailers have been hit hard, and WH Smith is no exception.
Nils Pratley, writing in The Guardian, noted that "gravity has finally caught up with WH Smith on the high street." The company's struggles have become increasingly apparent, with profits falling and store closures becoming a necessary measure to cut costs.
As WH Smith grapples with its future on the high street, the company must make tough decisions about its retail business. Will a sale be the lifeline the retailer needs, or is it too late for WH Smith to regain its former glory? Only time will tell.
Category: Finance
Published on: 2025-01-27 20:00:25
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Gravity finally catches up with WH Smith on the high street, The Guardian
WH Smith in talks to sell high street arm, BBC News
WH Smith considers possible sale of its high street business, The Guardian