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January 22, 2025

Gold Surges to 11-Month High as Global Demand for Safe Assets Increases

Gold prices skyrocketed, reaching an impressive 11-month high of $2,750 per troy ounce, a mark not seen since November of the prior year. This remarkable increase reflects the soaring demand for safe-haven assets amid escalating global trade tensions and the ongoing weakening of the US dollar. With investors looking for stability in uncertain times, gold shines as a top choice, showcasing its enduring value.

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