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Gold hits record high on safe-haven demand, Fed rate-cut bets

Gold prices have reached an all-time high in early Asian trading. This surge is driven by investors seeking safe havens for their money. Expectations of further interest rate cuts by the U.S. Federal Reserve are also contributing to the rise. Spot gold saw a significant increase, touching a new peak. This development is closely watched by markets.

Source: Gold hits record high on safe-haven demand, Fed rate-cut bets

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