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REFILE-Gold hits record high on safe-haven demand, Fed rate-cut bets

ReutersDec 26, 2025 2:55 AM

- Gold prices surged to a record high in early Asian trading on Friday, buoyed by safe-haven demand and rising expectations of further interest rate cuts by the U.S. Federal Reserve.

Spot gold XAU= rose 0.5% to $4,501.44 per ounce by 0209 GMT, after touching a record peak of $4,530.60 earlier in the session.

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