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Gold surges to new record high after Trump’s repeated attacks on US Fed chief



Gold prices have surged past $3,500 per ounce, reaching historic highs as investors seek refuge amid escalating economic uncertainty. This rally is largely attributed to President Donald Trump's aggressive tariff policies, which have unsettled global markets and raised inflation concerns. Additionally, Trump's public criticism of Federal Reserve Chair Jerome Powell has sparked fears about the Fed's independence, further shaking investor confidence. The weakening U.S. dollar and declining stock markets have amplified gold's appeal as a safe-haven asset. Analysts now predict that gold could climb even higher if current economic and geopolitical tensions persist.


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