Gold Sets New Highs, With Further Gains Ahead

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Gold prices rose above 4,622 USD per ounce on Wednesday, challenging previous record levels. The rally is underpinned by growing expectations of US interest rate cuts this year and heightened demand for defensive assets. December data pointed to a moderation in core US inflation, confirming a gradual easing of price pressures and clarifying the economic […]The post Gold Sets New Highs, With Further Gains Ahead appeared first on ActionForex.