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GOLD --> Approaching an all-time high!

Dear traders,

Over the past week, the global gold market has experienced significant volatility as concerns over inflation and trade tensions have driven investors to seek refuge in the precious metal. Gold prices have continuously set new highs, reflecting strong market demand. Currently, gold is trading steadily around $2,869 per ounce.

On the other hand, recent U.S. economic data, including the Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE), indicate persistent inflationary pressures. Additionally, the stock market is showing signs of weakness, and the rising national debt is further creating an ideal environment for gold prices to continue their upward momentum.
Trade attivo

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