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Gold surged past $4,600 an ounce for the first time as investors rushed into safe-haven assets amid mounting political pressure on the Federal Reserve and escalating geopolitical tensions.
Gold prices hit a new all-time high above $4,200 per ounce as investors reacted to deepening U.S.-China trade tensions and rising bets on further Federal Reserve rate cuts.
Gold prices surged to a record $4,000 per ounce, driven by renewed demand for safe-haven assets amid global market volatility and interest rate uncertainty.