Gold: New Record High

December 4th, 2023

Via: Bloomberg:

Gold shot past a previous all-time high set in the midst of the pandemic on growing expectations for US rate cuts early next year, despite attempts by the Federal Reserve to temper the optimism.

Gold rose 0.8% to $2,087.95 an ounce as of 1:32 p.m. in Singapore, following a 1.8% increase on Friday.

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