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Economy - January 9, 2025

Gold price hits four-week peak amid Trump policy concerns

Gold price hits four-week peak amid Trump policy concerns

Gold prices reached a near four-week high on Thursday amid safe-haven demand and concerns about U.S. President-elect Donald Trump's economic policies impacting inflation. With Trump's inauguration approaching and potential trade wars on the horizon, investors focus on the upcoming U.S. nonfarm payrolls for further insights, while U.S. gold futures also rose.

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