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Gold Breaks $5,000 Barrier for the First Time

By Staff
Gold Breaks $5,000 Barrier for the First Time
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Gold surpassed the $5,000 per ounce mark for the first time in history on Sunday.

The rise is attributed to geopolitical, trade, and monetary uncertainties associated with the policies of Donald Trump.

The price of gold is boosted by the weakening dollar, continuing an upward trend that has lasted for years. In January 2024, an ounce of gold was just above $2,000.

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Source: cyprustimes.com