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Euronews

Doloresz Katanich

Gold prices hit a record high as uncertainty mounts in the US

Gold United States Russ Mould Government Shutdown US Federal Reserve

The price of gold climbed to a new record on Monday, rising above $3,850 an ounce in the afternoon in Europe, up more than 1% on the day.

Precious metals across the board surged, fuelled by a weak dollar and high uncertainty around funding for the US federal government.

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