Gold Rises Amid US Economic Uncertainty and Record-Setting Markets

1 min read
Source: Fortune
Gold Rises Amid US Economic Uncertainty and Record-Setting Markets
Photo: Fortune
TL;DR Summary

Despite a rally in the stock market and expectations of a Fed rate cut, investors are increasingly flocking to gold as a safe haven, pushing its price to record highs and prompting central banks to increase reserves, driven by geopolitical uncertainty and de-dollarization efforts. Experts see continued demand and potential price increases for gold, making it a key diversification asset amid market volatility.

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