Gold Sets Fresh Record Heading for Best Month in Eight Years

Gold surged to a fresh record Friday fueled by a weaker dollar and low interest rates. Silver headed for its best month since 1979.Spot bullion is up about 11% in July, heading for its best month in more than eight years, as a gauge of the dollar slumped, prompting concerns its status as the world’s reserve currency of choice is at risk, and U.S. real yields fell to a record low.

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