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Gold Nears Record Highs Amid U.S. Economic Woes and Geopolitical Tensions

Gold Nears Record Highs Amid U.S. Economic Woes and Geopolitical Tensions


CryptoGlobe
2024-08-04 22:09:25

Gold experienced a notable surge this week, driven by a combination of disappointing U.S. economic data, a dovish Federal Reserve stance, and rising geopolitical tensions, according to a report by Ernest Hoffman for Kitco News. Kitco reported that despite a sharp flash crash on Friday, the precious metal’s price rebounded, reflecting strong trader sentiment. Kitco


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