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Gold holds steady near record high on rate-cut bets, political uncertainty

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The price of gold rose this Thursday, approaching historic peaks, as the rising expectations of new interest rate cuts in the United States this year and political uncertainty over the controversial closure of the U.S. government fueled the demand for gold metal.Cano gold earned 0.3%, at $3,877,7 an ounce, at 4:11 a.m. CDMX time, below the historic peak touched on Wednesday from $3,895,09. Gold futures in the United States for delivery in Decemb…

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El Economista broke the news in on Thursday, October 2, 2025.
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