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ID: 55044498 Video

Headline: UNCAPTIONED: Gold Hits Record High Amid Economic Uncertainty

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Gold Hits Record High Amid Economic Uncertainty. The price of gold has soared to a record $3,508.50 per ounce as investors seek safety amid global economic uncertainty. The precious metal has risen by nearly a third this year, driven by fears over trade tensions and broader financial instability. Analysts say the recent increase follows concerns that the US Federal Reserve may cut interest rates making gold an even more attractive investment. Adrian Ash, research director at BullionVault, told the BBC that geopolitical moves by US President Trump particularly around global trade, have “put a fire under” gold prices. Market watchers also highlight worries over the Federal Reserve’s independence, which is adding to the metal’s appeal. For investors, gold remains a trusted haven in turbulent times, with demand continuing to push prices ever higher.
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Keywords: Current Affairs & Politics,gold,hits,record high,ounce,investors,safety,economic uncertainty,federal reserve,interest rates,nearly a third,risen,value,tensions,broader,financial instability,cut,attractive,investment

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