hyderabadupdates.com Business Gold hits record high, heads for best month in 14 years on safe-haven rush

Gold hits record high, heads for best month in 14 years on safe-haven rush

Gold prices reached a record high. A potential US government shutdown created uncertainty for Federal Reserve policy. This situation increased investor demand for safe assets. Gold gained this year. Central bank purchases and expected interest rate cuts support the rise. Gold producers also changed leaders. The market expects the rally to continue.

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