TechFlow, October 15 — According to Jinshi Data, spot gold prices broke through $4,200 per ounce, hitting a new record high. Institutional analysis indicates that ongoing trade standoffs and rising market expectations for further rate cuts have fueled safe-haven demand for precious metals. Against the backdrop of prolonged trade tensions and an extended U.S. government shutdown, investors are flocking to gold as a hedge against geopolitical uncertainty. Meanwhile, Federal Reserve Chair Powell's comments overnight reinforced market bets on rate cuts, putting pressure on the dollar and further supporting gold prices. Additionally, silver futures are also being driven by safe-haven demand and tightening liquidity in the London market.
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