Political Anxiety and Rate Cut Optimism Help Push Gold to New Highs

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10 months ago
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Finance gold prices gold investment gold market trends political uncertainty rate cut optimism gold surge gold price 2024 investment in gold safe haven geopolitical risk

Political Anxiety and Rate Cut Optimism Help Push Gold to New Highs

Overall, gold has enjoyed a productive 2024. But last week, the metal reached a new high, fueled by surges in political uncertainty and rate-cut optimism. Augusta Precious Metals’ director of education Devlyn Steele explains what happened.

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