01-03-2024 20:37 via rocketnews.com

Gold futures just closed at new record thanks to weak economic data

Gold futures settled at their highest on record Friday, as weakness in some U.S. economic data helped pull the dollar and Treasury yields lower, boosting the precious metal’s investment appeal. The “golden rally” witnessed Friday ”isn’t just a flash in the pan, it’s the main course in a feast of market dynamics, seasoned with a dash of uncertainty and a pinch of speculation,” said Adam Koos, president at Libertas Wealth management Group.At the heart of t
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