Reported about 1 month ago
Amidst ongoing economic uncertainties, gold prices have reached record highs, with analysts predicting a continued rally. Phil Streible, chief market strategist at Blue Line Futures, attributes this rise to declining inflation expectations, a more dovish Federal Reserve, and increased demand for safe investments as geopolitical tensions escalate. As the U.S. presidential election approaches, potential market volatility could further drive investors towards gold as a secure asset.
Source: YAHOO