Gold Hits All Time High Ahead of Fed's Rate Cuts

Published: 01 January 1970
on channel: Nobody Special Finance

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Gold prices made a new all time high today despite falling inflation and yesterday's relief rally driven by better than expected retail sales. So if inflation is less of a problem and recession fears have ebbed, why is gold shooting higher? We'll look at some of the charts and data to see if we can pinpoint WHY gold is rising and where it might be heading next.

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