Tag: gold rally
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Gold price surges to $5,400 as Fed holds rates and dissenters spark breakout
Gold price spikes to $5,400 on Fed hold and dissenters The precious metal extended its gains in early North American trading, with gold (XAU/USD) breaking above key levels as investors digested the Federal Reserve’s decision to hold rates steady. The decision, broadly anticipated by markets, drew attention not only to the policy stance but also…
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Gold Price Tops $5,000 an Ounce as Investors Flee Trump Turmoil for Safe Haven
Gold price hits a historic milestone as investors seek safety The gold price breached the $5,000 per ounce mark for the first time, fueled by ongoing global uncertainty and a wave of investor demand for a safe haven. Traders watched as Donald Trump’s policy signals and rhetorical shifts created volatility across markets, pushing many towards…
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Gold tops $5,000 for first time, fueling historic rally
Gold Surpasses $5,000: A Milestone in a Historic Rally The price of gold climbed above $5,000 per ounce for the first time in history, marking a landmark moment in a year that has already seen the metal surge by more than 60%. As investors digest this key level, analysts note that the movement reflects a…