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.

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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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