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Front-month gold closed at a new all-time high settlement but eased back after rallying above $3,000/oz for the first time.
ET – Front-month gold closes trading at a new high—settling at $2,994.50 a troy ounce. That’s up 0.3% for the day, making it four consecutive sessions that the front-month contract finished higher.
Gold futures climbed above $3,000 an ounce for the first time as anxiety about escalating trade wars and U.S. economic growth pushed investors into traditional safe havens.
The BTC/XAU ratio breakdown occurred as spot gold rates hit a new record high above $3,000 per ounce on March 14, after ...
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