Gold price powers to record high on safe-haven bids, cool U.S. inflation
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Gold prices have surged to a record high due to increased safe-haven demand and cooling U.S. inflation. This trend is significant for investors in gold-related assets.
March 13, 2025 | 5:45 pm
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POSITIVE IMPACT
AAAU, a gold-backed ETF, is likely to benefit from the record high gold prices driven by safe-haven demand and cooling U.S. inflation.
AAAU is directly linked to gold prices as it is a gold-backed ETF. The record high in gold prices due to safe-haven demand and cooling inflation is likely to positively impact AAAU's value.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80