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Gold Surges To All-Time High On Concerns Over Fed Autonomy
Manage episode 504110699 series 2926370
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Gold prices hit a record US$3,500 an ounce as worries over the Federal Reserve’s independence dented consumer confidence. David Chow, Director at Azure Capital, warns the longer-term outlook for the US economy is skewed to the downside, even if August unemployment figures show a modest uptick.
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