#XAU/USD#1. Gold hits record high at $4,150/oz
•This happened because investors rushed to gold after market uncertainty and worries about US China tariffs.
•The safe haven momentum is the main driver here.
2. Expectations of Fed rate cuts
•When interest rates go down, holding gold (which doesn’t pay interest) becomes cheaper.
•Investors add more gold to their portfolio ( price up).
•Some analysts even predict gold could reach $5,000 by 2026.
3. Strong demand from central banks & ETFs
•Cent
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