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Boca Raton jeweler hoping to capitalize on surging gold prices

  • Gold rallied to record highs, exceeding $3,400 an ounce, driven by haven demand.
  • Dollar weakness, trade war concerns, and criticism of the Federal Reserve fueled the demand.
  • Holdings in bullion-backed exchange-traded funds rose for twelve weeks, the longest run since 2022.
  • Spot gold reached $3,400.38 an ounce, while Christopher Wong noted the Fed's credibility impacts the dollar.
  • High gold prices impact shopping trends as demand for gold jewelry dips, leading to alternative purchases.
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STARTRADER | World's fastest-growing broker broke the news in on Monday, April 21, 2025.
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