Gold futures surpass $4,200 as cryptocurrency outflows reach record levels

Gold futures climbed to an all-time high, closing at 4,197.60 USD per ounce, marking a notable increase as investor confidence shifted amidst market volatility.

Over 21 billion USD in crypto, primarily from Binance, indicate a temporary capital flight to safer assets like gold, as analysts acknowledge changing risk appetites ahead of critical Federal Reserve insights.

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