Gold Nears Record High Amid Economic Uncertainty

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Wednesdays

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Gold surges to near-record highs amid economic slowdown fears and geopolitical tensions! A weaker-than-expected US jobs report fuels speculation of Federal Reserve interest rate cuts, while trade disputes and military actions amplify global uncertainty. Central banks are buying gold at record levels, and analysts predict further price increases, potentially reaching $3,800 an ounce by year-end. Political pressures on the Federal Reserve add another layer of complexity, driving investors towards the safe haven of gold. Hosted on Acast. See acast.com/privacy for more information.