Record Gold Price $4,890 as Geopolitical Tensions Spark Demand
On Wednesday, gold prices on COMEX reached a new record high of $4,890.35 per ounce, breaching the $4,800 mark for the first time ever. Geopolitical tensions and dollar weakness are cited by analysts as driving demand, potentially propelling prices toward $5,000 and bolstering physical gold ETF performance.
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