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Broad Market Rally Propels Gold to Historic Heights Amid US Dollar Strength
Financial markets demonstrated remarkable breadth and resilience on Wednesday, with gains extending across equities, cryptocurrencies, and commodities in a synchronized rally that defied conventional correlations. The day's standout performance came from precious metals, particularly gold, which continued its relentless march to unprecedented levels despite headwinds from a strengthening U.S. dollar. The equity markets set a positive tone for the session, with the technology-heavy Nasdaq Composite advancing 1.18%, reflecting renewed investor appetite for risk assets. This bullish sentiment spilled over into the ... (full story)