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Gold price set to climb further after hitting new all-time high

Summary by Bangkok Post
The domestic gold price is expected to hit 60,000 baht per baht-weight early next year as bullion surpassed US$3,800 an ounce to set a fresh record high on Monday, while the baht slid to a two-week low of below 32.20 baht to the dollar, says the Gold Traders Association (GTA).

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The precious metal, which is regarded as a safe haven in times of crisis, is experiencing an unprecedented high flight: on Tuesday morning, the gold price reached a historic peak. A fine ounce cost more than USD 3867 (EUR 3291.44) in early trade for the first time – a value that the precious metal had never achieved before. In early trade on Tuesday, the price of a fine ounce of gold climbed to the new all-time high. Thus, the gold price has inc…

·Vienna, Austria
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It seems to be only a matter of time before gold cracks the fine ounce of 4000 dollars. What's behind it? And how far can the price still rise? The most important answers.

The world gold price at 10:45 pm on September 29 increased sharply to 3,830 USD/ounce, a record high so far. The price of SJC gold bars also set a new peak.

A gold ring exceeded the $3.850 threshold, marking an increase of over 1% in one day, on the basis of political tensions and expectations for the reduction of reference interest rates. Why does gold grow in the context of the US political crisis? Months after tomorrow, gold price reached a new historic peak, over 3,850 [...]

·Romania
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Moneycab broke the news in on Monday, September 29, 2025.
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