Gold reaches record high as geopolitics drive traders to safety

“The rise in gold prices reflects heightened geopolitical tensions, sustained central bank demand, and the beginning of monetary policy easing in the United States,”

Gold hit a record high, as it receives sustained haven demand with investors monitoring the approaching US election and conflict in the Middle East.Advertisements Bullion edged up to $2 750.34 on Wednesday, beating Tuesday’s peak by about $1, with geopolitical risks taking center stage as traders focused on a tight US presidential race and concerns…

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