Business and Finance
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Business and Finance
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Uncertainty drives gold to record prices

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  Gold has hit a record of $3,000 per ounce thanks to investor uncertainty surrounding the stock market and U.S. treasury.

The article from Marketplace discusses the surge in gold prices to record levels, driven by economic uncertainty and geopolitical tensions. Investors are turning to gold as a safe-haven asset amid fears of inflation, potential recessions, and ongoing conflicts. The demand for gold has been further bolstered by central banks increasing their gold reserves, particularly in countries like China and Russia, as a hedge against currency fluctuations and sanctions. Additionally, the article highlights how the weakening of the U.S. dollar and low interest rates make gold more attractive, as it does not yield interest but holds its value over time. This trend reflects broader market anxieties and a search for stability in uncertain times.

Read the Full Marketplace Article at:
[ https://www.marketplace.org/2025/03/18/uncertainty-drives-gold-to-record-prices/ ]