Gold Nears Record High: Weaker Jobs Data, Fed Rate Bets
Update: 2025-09-07
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Gold Rush! Weak jobs data fuels speculation of Fed rate cuts, sending gold prices soaring near all-time highs. Political uncertainty, Trump's Fed criticism, and China's gold-buying spree add fuel to the fire, with analysts predicting a potential surge to $5,000 an ounce if the Fed's independence is compromised. Is gold the ultimate safe haven in a turbulent world?
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