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Gold rises above $3,000 as investors seek safe haven

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Gold futures (GC=F) surged above $3,000 for the first time ever Friday morning, driven by investors seeking a safe-haven asset.

Yahoo Finance Senior Business Reporter Ines Ferré joins Morning Brief hosts Madison Mills and Brad Smith to explain that the trade war, easing inflation, and the potential for rate cuts have all contributed to this rise, with analysts now predicting gold could climb even higher.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.