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by: xpoolPosted on: May 22, 2025

Gold Soars as Investors Seek Safe Haven Amid US Fiscal Uncertainty

Gold prices rallied for a fourth consecutive day on Thursday, climbing to a new record high of nearly $3,336 an ounce. This surge in gold is driven by investor anxiety over the escalating US fiscal deficit and President Trump’s proposed tax plan. Notably, Treasury yields spiked toward their highest levels since 2003, contributing to a decrease in stock prices across Asia and Wall Street.

Related posts:

  1. Gold’s Rally Fuels Bitcoin Demand: A Look at Safe-Haven Investing
  2. Tether Gold Surges as Uncertainty Drives Investors to Safe Havens
  3. Gold Hits Record High — Can Bitcoin Keep Up?
  4. US Credit Downgrade Sparks Safe-Haven Debate as Bitcoin and Gold Shine
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