Gold Trading at a Record High Even as Yields Jump After U.S. Retail Sales Rose More Than Expected Last Month
Spot gold hits another all-time high, with the 'Trump trade' joining the ranks of price drivers.
Spot gold has strengthened, reaching a high of $2,688.82 per ounce, setting a new record since September 26. Analysts believe that in addition to geopolitical tensions, gold prices have also been influenced by the 'Trump trade'.
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Gold Brief: Up US$8.02 or 0.3% at $2,681.85
Gold Price Flirts With Record Peak, Seems Poised to Appreciate Further
Gold Grinds to Fresh Record Highs With Focus on Bond Yields, Expected Rate Cuts
