Gold hits a new record above $4,593/oz as demand for safe havens surges. Markets are reacting to concerns over Fed independence, rising geopolitical risks around Iran and growing expectations of US rate cuts. Focus now shifts to this week’s US inflation data.
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Gold hits a new record above $4,593/oz as demand for safe havens surges. Markets are reacting to concerns over Fed independence, rising geopolitical risks around Iran and growing expectations of US rate cuts. Focus now shifts to this week’s US inflation data.