Global Stock Decline as Investors Flee to Gold Amid U.S.-China Tensions

Reported 18 days ago

Global shares decreased while the price of gold rose as investors reacted to escalating tensions between the U.S. and China, coinciding with upcoming trade talks. Despite a recent market rebound, investor anxiety increased, prompting a retreat from riskier assets, particularly in technology. Wall Street's main indexes saw gains earlier but futures indicated a downturn. Gold rose 0.7% close to record highs, while safe-haven assets thrived, showing a cautious sentiment as concerns about trade negotiations mount.

Source: YAHOO

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