Gold Prices Surge Over 1% on Friday, Hitting a Record High Above $2,885 per Ounce
- Gold is on track to post weekly gains for the sixth consecutive week.
- The rally coincides with escalating trade tensions between the U.S. and China, driving investors toward safe-haven assets.
- He surge also follows a weaker-than-expected U.S. jobs report, reinforcing expectations that interest rates will remain unchanged.
- Gold is on track to post weekly gains for the sixth consecutive week.
- The rally coincides with escalating trade tensions between the U.S. and China, driving investors toward safe-haven assets.
- He surge also follows a weaker-than-expected U.S. jobs report, reinforcing expectations that interest rates will remain unchanged.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.