Category: Economy
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Gold Prices Soar Past $5,000 Driven by Central Bank and Speculative Demand
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On Monday, gold prices surged to over $5,000 per ounce, driven by speculative demand amid uncertainty surrounding erratic U.S. policy, according to reports. This increase is also attributed to the Federal Reserve and the European Central Bank maintaining abundant reserve regimes. In a note to investors, HSBC, as quoted by CNBC, a U.S. business news
