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Gold Price Forecast as XAU/USD Approaches $3,600 With Fed Bets Driving Record Highs
The gold price (XAU/USD) has exploded to fresh records, touching $3,597.80 per ounce in spot trading and briefly surpassing its previous peak of $3,578.66 earlier this week. Futures contracts advanced above $3,650 for the first time, signaling that bullish momentum is far from exhausted. From the start of 2025, gold has now surged more than 36% year-to-date and is on track for a weekly gain of roughly 4%, supported by an increasingly dovish Federal Reserve outlook and deteriorating labor data in the U.S. economy.
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@Mustang 35
The gold price (XAU/USD) has exploded to fresh records, touching $3,597.80 per ounce in spot trading and briefly surpassing its previous peak of $3,578.66 earlier this week. Futures contracts advanced above $3,650 for the first time, signaling that bullish momentum is far from exhausted. From the start of 2025, gold has now surged more than 36% year-to-date and is on track for a weekly gain of roughly 4%, supported by an increasingly dovish Federal Reserve outlook and deteriorating labor data in the U.S. economy.
$BTC
$ETH
$BNB
#GoldPriceRecordHigh
@BOBBERs @Rameet-thegreat @Jeonlees
@Mustang 35
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