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Gold Prices Soar on Fed Pause Speculation
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Gold prices surge to a six-month high, driven by speculation of the Federal Reserve's potential pause in interest rate hikes, fueling safe haven demand. The weakening dollar further supports gold and other metal prices, while the Federal Reserve's stance on rate hikes and key economic readings from China influence copper prices.
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How might the potential pause in interest rate hikes by the Federal Reserve affect the overall financial market?
How might the weakening dollar impact other commodities and currencies?
What factors contribute to the safe haven demand for gold, and how does it impact the global economy?
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