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Gold hits record high on safe-haven demand, Fed rate-cut bets

Gold bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany (PHOTO: Angelika Warmuth/REUTERS)

26 Dec 2025 17:03

(REUTERS)

Gold prices surged to a record high in early Asian trading on Friday, buoyed by safe-haven demand and rising expectations of further interest rate cuts by the US Federal Reserve.

Spot gold rose 0.5% to $4,501.44 per ounce by 0209 GMT, after touching a record peak of $4,530.60 earlier in the session.

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