Gold Nears Record High: Weaker Jobs Data, Fed Rate Bets

Gold Rush! Weak jobs data fuels speculation of Fed rate cuts, sending gold prices soaring near all-time highs. Political uncertainty, Trump's Fed criticism, and China's gold-buying spree add fuel to the fire, with analysts predicting a potential surge to $5,000 an ounce if the Fed's independence is compromised. Is gold the ultimate safe haven in a turbulent world? Hosted on Acast. See acast.com/privacy for more information.