Bullion buoyed by increasing bets for a Fed rate cut and concerns about Trump’s interference in the central bank
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Gold rises to a new high as US rate cut bets hit 89.7%
34 minutes ago
6.35am GMT+1
Spot gold extends gains for a sixth session
Gold prices have climbed above $3,600 to hit a record high as concerns about central bank independence and expectations of a US…
Investors are flocking to precious metals amid geopolitical tensions and with more US interest rate cuts expected.
Bullion has nearly doubled in value since 2023 amid global uncertainty and alarm over Donald Trump’s policies
Analysts point to delays in the reporting of economic data due to the US government shutdown as one reason for the rise.
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The surge comes amid uncertainty around the Trump administration and its trade policies.
Gold price hits record high as investors seek safe haven
Gold price hits record high as investors seek safety
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