Fed Seen Delaying Rate Cuts and Gold Surges to Record
Bloomberg Surveillance
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Gold Prices Surge: Central Banks, Geopolitics, and Dollar Diversification
The chapter explores the recent spike in gold prices, linking it to central banks' purchases, changing geopolitics, and a potential shift away from the US dollar. It delves into factors driving gold's appeal, including unsustainable deficits, interest rate fluctuations, speculators' impact, and the role of digital assets in the market.
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