Gold surges on Moody’s US credit downgrade; expert sees continued bull run in 2025

Gold prices surged on May 23 due to a weakening U.S. dollar and fears over rising national debt, following Moody’s downgrade of U.S. ratings. Domestic gold futures climbed 0.67% to ₹96,235 per 10 grams, while international prices rose nearly 1%, reflecting increased safe-haven demand.

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