Gold Hits New All-Time High
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Gold surged past $4,200 per ounce, breaking records as retail consumers and central banks flock to it amid global macroeconomic uncertainty.
Queues at ABC Bullion in Sydney reportedly stretched nearly 200 feet, with buyers citing inflation, the declining US dollar, and a desire for tangible assets.
Gold’s rally highlights a broader trend of investors turning to hard assets as a store of value in uncertain times.