MSN: Gold Can Keep Rising. Bet on Bling in the Face of Geopolitical Risk, Rate Cuts.

Gold spot prices are above $2,400 an ounce, and are flirting again with a record high of about $2,435 set in late May. Can the yellow metal continue to glitter? Some experts think gold should keep climbing as political uncertainty in the U.S. and abroad remains elevated. The increased likelihood of interest-rate cuts from the Federal Reserve later this year should also weaken the dollar and boost gold.

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