GOLD: Gold Hit a Record High!
$Gold - main 2512(GCmain)$ Gold prices fluctuated narrowly in early Asian trading on Thursday (October 2nd), currently trading around $3,862. Gold hit a record high of $3,895.28 during Wednesday's session before closing at $3,865.49 per ounce, a mere 0.19% increase.
This underscores the strength of the metal, as the weakening dollar, risk aversion fueled by the US government shutdown, and weak employment data, which reinforced expectations of a Federal Reserve rate cut, all contributed to its upward momentum. $XAU/USD(XAUUSD.FOREX)$
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