Gold Price Hits Record High Amidst Cooling U.S. Inflation and Safe-Haven Bids

Pushed by investors seeking a refuge from economic uncertainties, the price of gold has skyrocketed to a record high. The safe-haven asset is experiencing an influx of bids as concerns over a cooling U.S. inflation grow.

**Kitco NEWS** reports that amidst the volatile financial landscape, investors are demonstrating a noticeable turn towards gold. This shift is reflective of market anxieties and a perceived need for a secure harbor during tumultuous times. Whether this trend will sustain in the face of changing economic indicators remains to be seen. Read More


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