Gold prices surged to a new record high on Monday, surpassing $2,450 an ounce. The rally is fueled by a combination of factors, including growing optimism for a Federal Reserve rate cut and rising geopolitical tensions in the Middle East. The outlook for gold remains positive in the medium to long term, but some short-term volatility is possible.
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Gold Price Rally
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Gold prices are defying expectations and traditional market forces, hovering near record highs. The precious metal inched up slightly on Wednesday, holding…
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Gold prices are on a scorching run, shattering records yet again on Friday. This relentless surge is fueled by a confluence of…
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Gold prices dipped slightly on Thursday after exceeding a new all-time high earlier in the day. This comes as investors carefully consider…