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New all-time high for gold: surpasses $4,600 per ounce
Demand for safe-haven assets continues to rise, driven by recent geopolitical tensions in Venezuela, Iran, and Ukraine. Statements by Donald Trump regarding Greenland are adding fuel to markets already inflamed by unrest in recent days, while threats from the U.S. Department of Justice to criminally indict Jerome Powell are unsettling the Federal Reserve.
[Source: Milano Finanza]
Wages Fall in the United States: Gold Continues Its Rise
Gold prices are rising in today’s trading, as weakness in U.S. wage data paves the way for increased economic and geopolitical uncertainty.
Spot gold is changing hands at $4,485.73 per ounce, up 0.2%.
[Source: Market Screener]
Partial correction for gold, still above the $4,400 level
A partial correction for the ultimate safe-haven asset, which continues to feel the effects of profit-taking by investors. Prices remain stable above the psychological threshold of $4,440 per ounce.
[Source: Milano Finanza]
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