Gold powers to record high on safe-haven bids, bullish technicals
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Gold futures hit a new record high of $3,071.30 per ounce, supported by safe-haven buying and bullish technical indicators. Silver also reached a five-month high, with both metals showing strong upward momentum amid mixed stock market conditions and a weakening U.S. dollar.
March 27, 2025 | 5:00 pm
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The Aberdeen Standard Physical Gold Shares ETF (AAAU) is likely to see increased investor interest as gold reaches an all-time high, reflecting strong safe-haven sentiment.
With gold hitting a record high of $3,071.30, AAAU, which directly tracks gold prices, is expected to see price appreciation and increased investor interest as a safe-haven asset.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70