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Gold Soars to Fresh Record Highs Amid Fed Rate Cut Hopes, US-China Tensions
Written By: Naba ZehraUpdated: Fri, Oct 17, 2025, 04:24 PM IST
Gold prices skyrocketed to new record highs nearing $4,400 an ounce as expectations of a Federal Reserve rate cut and renewed US-China tariff tensions drove investors toward safe-haven assets. Silver and platinum also hit multi-year highs, while oil prices slipped to five-month lows. With traders betting big on an October
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