Gold prices continue to climb, reaching new record highs above $3,300, driven by trade uncertainties and US recession fears. Weakened confidence in US policies, particularly amid President Trump’s shifting tariffs, has further boosted demand for the safe-haven asset. Additionally, speculation that the Federal Reserve may ease policy in 2025 has pressured the US Dollar. Investors are now awaiting insights from Fed Chair Jerome Powell for further guidance. Despite overbought conditions, gold remains a favored investment amid ongoing global uncertainty.
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