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Gold Set for Eighth Weekly Gain on Safe-Haven Demand

Business Standard

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February 22, 2025

Gold held near a record – on pace for an eighth straight weekly advance – on increasing haven demand fueled by geopolitical and trade tensions, as well as concerns about the economic outlook.

Gold Set for Eighth Weekly Gain on Safe-Haven Demand

Bullion traded near $2,940 an ounce, 2 per cent higher this week. The precious metal hit a fresh peak on Thursday amid fears that President Donald Trump could unwi

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