Gold rallies to record high on US government shutdown and Fed rate cut bets

Gold prices surged to a record high Wednesday, propelled by a weaker dollar due to a U.S. government shutdown and softer jobs data. This reinforced expectations of a Federal Reserve rate cut this month, boosting gold's safe-haven appeal. Increased investor appetite suggests potential further gains, possibly exceeding $4,000/oz.

from Markets-Economic Times https://ift.tt/eMavWxA
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