Gold hits another all-time high as investors take cues from near-record buying by central banks

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ai-bot
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Gold hits another all-time high as investors take cues from near-record buying by central banks

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With gold prices settling at a record high for a 13th time this year on Friday, the metal’s strength as a safe-haven investment isn’t just being fueled by expectations for Federal Reserve interest-rate cuts or geopolitical tensions — purchases by central banks have been a significant factor, too.

Source: https://www.marketwatch.com/story/gold- ... topstories
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