Gold Prices Rise Nearly 1% to One-Week High on Weak Dollar, US Fiscal Concerns

Gold Prices Rise Nearly 1% to One-Week High on Weak Dollar, US Fiscal Concerns

Gold prices surged nearly 1% Wednesday, hitting their highest in over a week. A weaker U.S. dollar and uncertainty over a major tax bill debate in Congress boosted demand for safe-haven assets. Investors are turning to gold amid growing fiscal concerns and market volatility.

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