Gold hovers near record high on US rate-cut bets, government shutdown
By Brijesh Patel (Reuters) -Gold prices held steady on Thursday, hovering near the record high hit the day before, helped by expectations of further U.S. rate cuts this year and political uncertainty. Spot gold held its ground at $3,862.07 per ounce, as of 0451 GMT, after hitting an all-time high of $3,895.09 on Wednesday. U.S. …
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