Gold prices raced to a record high within touching distance of the key milestone of $3,000 per ounce on Thursday, with momentum driven by elevated tariff uncertainty and bets on monetary policy easing by the U.S. Federal Reserve.
Spot gold climbed 1.6% to $2,979.76 an ounce, as of 13:55 ET (1755 GMT), after hitting its twelfth record peak this year earlier in the session.
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