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Gold prices cross $5,100 for the first time amid geopolitical uncertainties
Aljazeera.com and 11 more
- The US dollar weakened further on Monday, sliding to a four-month low as investors priced in mounting political and macroeconomic risks.
- The price of gold surpassed $5,000 per troy ounce for the first time ever on Monday.
- Investors are increasingly pricing in a more dovish Fed once Powell exits, supporting higher gold prices.
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