Dow Jones News Service

NEW YORK—Gold briefly pushed past the psychologically important $1,000 mark Thursday, as investors poured money into the metal to hedge against a tumbling dollar, soaring crude prices and a shaky U.S. economy.

Gold had been flirting with $1,000 for the last two weeks but struggled to breach the barrier despite sharp drops in the dollar and crude’s record-setting rally.

Gold watchers will now turn their attention to Tuesday, when the Federal Reserve is expected to announce another interest rate cut in an effort to steady the limping U.S...

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