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Gold Surges to Record $3,503.32/oz
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Belaaz HQ1 MIN READ
Published Sep. 2, 2025, 12:00 AM
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MARKET: Gold reached a record high of $3,503.32/oz, 100x its $35/oz price in 1971 when Nixon closed the gold window, driven by investors seeking safety amid economic uncertainty.
The precious metal hit $3,501.59/oz in early Asian trading, surpassing its prior April peak of $3,500.10.
Gold futures on COMEX (GCW00) climbed to $3,561.00/oz, signaling robust market momentum.
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