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Gold hits record $3,571.50/oz as investors seek safer assets amid U.S. economic policy doubts.
Gold reached a new record high of $3,571.50 per ounce on Tuesday, up 1.4%, as investors sought safer assets amid uncertainty over U.S. economic policies.
Asian stock markets showed mixed results following the U.S. Labor Day holiday.
The rise in gold prices is attributed to President Trump's challenges to the U.S. Federal Reserve and other institutions, leading to a loss of faith in the U.S. dollar.
Investors have also been shifting away from U.S. Treasuries due to concerns about government debt, trade tensions, and geopolitical risks.
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El oro alcanza un récord de $3,571.50/oz mientras los inversores buscan activos más seguros en medio de las dudas de la política económica de EE.UU.