Gold soars past $4,200 as investor hopes of December interest-rate cut
1. Gold prices hit a three-week high, reaching over $4,200 an ounce. 2. Market anticipates Fed rate cuts due to upcoming economic data. 3. Gold's 60% annual gain reflects rising demand amid economic uncertainty. 4. ETF inflows and central bank purchases support gold's price surge. 5. Analysts warn of potential bubble concerns as gold outpaces equities.