Gold always shines during uncertain times, but escalating tensions between the US and China and signals from the Federal Reserve that the US could see at least one more rate cut this year have propelled gold – and silver – to record highs. 

This week on the Big Take, Bloomberg precious metals reporter Jack Ryan and host Sarah Holder talk about what’s pushing up gold’s value — and what history can teach us about how this gold rush could end.

Read more: Gold (XAUUSD) Trades Near Record on Fed Rate-Cut Sign, US-China Tensions - Bloomberg 

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