Tag: Market News

Precious gold has marked a significant milestone by surpassing the $5,000 an ounce mark. Various factors, both macro and micro, have coalesced to bring about this unprecedented rise. On the global stage, geopolitical uncertainties have invariably fueled the demand for safe-haven assets such as gold. Simultaneously, central bank policies and concerns over potential inflation have…

After a considerable selloff, gold prices are witnessing a robust rebound, reinstating its charm for investors worldwide. The abrupt selloff was a result of several geopolitical and economic factors. However, it is gold’s enduring value proposition as an inflation hedge and safe-haven asset that has stimulated its demand once again. Historical trends suggest that gold…

In a quieter Friday trading session, the price of gold remains nearly steady. After a volatile week characterized by dynamic shifts in the global financial landscape, the precious metal appears to have found its footing. This stability underscores gold’s enduring appeal as a safe haven asset, especially in uncertain economic times. Market analysts attribute the…