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Breaking: Gold climbs to record highs around $3,060
Source Fxstreet
Prices of Gold rose to an all-time peak around the $3,060 mark per troy ounce on Thursday, following the downward trend in the US Dollar, mixed US yields, and rising uncertainty surrounding the White House's trade policy.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Gold (XAU/USD) retreats slightly after touching a fresh record high, around the $3,689-3,690 region during the Asian session on Tuesday, amid some repositioning trade ahead of key central bank events.
Bitcoin (BTC) could be poised for a price surge following its positive correlation with the S&P 500, as market participants anticipate a 25-basis-point rate cut from the Federal Reserve on Wednesday.
Gold (XAU/USD) attracts some sellers during the Asian session on Wednesday and moves away from the all-time peak, levels just above the $3,700 mark touched the previous day.