Stable as a rock! Spot gold has risen for six consecutive days and broken through $3540, hitting a new historical high.

The Finance and Economics App Zhitong noticed that gold continued its six-day streak of gains, breaking historical records. As the prospect of a US interest rate cut increased the attractiveness of gold, coupled with sell-offs in the stock and bond markets prompting traders to seek safe havens, the demand for precious metals continued to rise.