Why Gold Prices Surged to a Record High on Wednesday

Biztoc.com - April 16, 2025

Why Gold Prices Surged to a Record High on Wednesday

Key Takeaways - Gold futures rose to a record high of more than $3,350 an ounce on Wednesday as stocks sold off after chip giant Nvidia warned its earnings would take a $5 billion hit from escalating tensions between the U.S. and China. - Gold prices have soa…

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