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Gold Breaks $3,800 As Fed Cut Bets And U.S. Shutdown Fears Fuel Record Rally Amid Geopolitical Uncertainty
Benzinga
2025-09-29
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Gold broke above $3,800 an ounce to a record high on Fed rate cut hopes and U.S. shutdown fears. Analysts cite geopolitical risks, central bank buying, and strong demand as drivers, with UBS targeting $3,900 ahead.
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