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Gold has surged to unprecedented price levels, reportedly fueled by escalating trade tensions and expectations of central bank monetary easing. The precious metal has gained approximately 8% this week alone, with analysts suggesting structural drivers could maintain elevated prices through 2026.
Gold prices have reportedly climbed to historic highs, with market observers pointing to U.S.-China trade frictions and growing expectations for interest rate cuts as primary drivers. According to reports, futures in New York rose 1.9% to $4,281.70 per troy ounce after reaching an intraday peak of $4,283.90, while spot gold increased 1.6% to $4,207.77 per ounce. Sources indicate this represents a weekly gain of nearly 8% for the precious metal.
