Yonhap Infomax NewsGold prices hit a record high above $3,600 as expectations for a US Federal Reserve rate cut intensified following weak August employment data, with markets pricing in a strong likelihood of monetary easing this month.
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Gold Surges Past $3,600 to Record High on Persistent US Rate Cut Expectations
Gold prices hit a record high above $3,600 as expectations for a US Federal Reserve rate cut intensified following weak August employment data, with markets pricing in a strong likelihood of monetary easing this month.