Gold Surges Past US$4,800 Amid Safe-Haven Demand
Dubai: Gold surged to a fresh record above US$4,800 on Wednesday, buoyed by safe-haven demand and a softer dollar. Spot gold rose 1.2 percent to US$4,818.03 per ounce as of 0125 GMT, after scaling a record peak of US$4,836.24 earlier in the session.
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