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Moldova Pro-EU Party Set to Win Election, Gold Price Climbs Above $3,800 | The Opening Trade 9/29

Bloomberg•Monday, September 29, 2025 at 10:54:31 AM
PositiveFinancial Markets
Moldova Pro-EU Party Set to Win Election, Gold Price Climbs Above $3,800 | The Opening Trade 9/29
In a significant turn of events, gold prices have soared to a record high of over $3,800 an ounce, driven by a weaker dollar and investor concerns about a potential US government shutdown. This surge in gold is noteworthy as it reflects broader market anxieties, particularly regarding upcoming economic data. Meanwhile, in the UK, shares of GSK have risen following the announcement that CEO Emma Walmsley will step down after nearly a decade, signaling a potential shift in leadership that could impact the company's future direction. These developments are crucial as they highlight the interplay between economic uncertainties and market reactions.
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