Gold Prices Soar Amid US Trade Policy Uncertainties and Weakened Dollar
Gold prices surged to a multi-week high early Wednesday, extending Tuesday’s impressive 1.4% gain. Strong demand for safe-haven assets fuels this rally, driven by fresh uncertainties surrounding US trade policies that have weakened the dollar substantially. Additionally, widespread expectations indicate that the Federal Reserve will maintain interest rates during its upcoming policy meeting next week. Investors flock to gold as a reliable investment amid market volatility.
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