Gold Rallies as Japan Fiscal Crisis and Fed Policy Doubts Fuel Safe Haven Buying

TLDR Gold climbed 0.6-0.7% to approximately $4,092 per ounce during Wednesday’s Asian trading session Japan’s bond market crisis intensified with 20 and 30-year yields reaching multi-decade peaks on fiscal spending fears Prime Minister Takaichi’s proposed 25 trillion yen ($163 billion) spending package exceeded market forecasts December Fed rate cut probability fell to 42.4% from 62.4% [...]

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