Gold rises above $2,100 to highest level ever as traders bet on interest rate cuts

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Gold futures for April settled at $2,126.30 per ounce, the highest level dating back to the contract’s creation in 1974.
When adjusted for inflation, gold set an all-time high of about $3,200 in 1980, according to Peter Boockvar, chief investment officer at Bleakley Financial Group.
“We’re still a ways away, which then also points to the potential upside,” said Boockvar, who believes gold will also test the inflation-adjusted record.

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