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AAAU
New York Post
2 days

Gold smashes $3,500 record as rate-cut bets, policy turmoil fuel haven rush

1. Gold reached a record above $3,500 due to interest rate cut bets. 2. Spot gold surged past $3,508, indicating strong market demand. 3. ETF buying has increased for seven consecutive months, reducing inventories. 4. Investors are shifting to safe havens as equities decline. 5. Expectations of a cooler job market likely solidify Fed rate cut hopes.

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FAQ

Why Very Bullish?

Gold's rise to record levels historically leads to increased investment in gold-based assets, including AAAU.

How important is it?

Strong correlation between gold prices and investor interest in AAAU indicates heightened relevance.

Why Short Term?

Immediate investor behavior is shifting towards gold amid anticipated Fed policy adjustments.

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