Gold Prices Stabilize Following Market Selloff

Reported 2 months ago

Gold prices remained steady as global stock markets regained stability after a significant selloff. Despite a sharp decline on Monday, gold is still up over 15% this year, bolstered by continued central bank purchases and positions seen as hedges against economic instability. Analysts from Goldman Sachs emphasize the metal's value as a portfolio hedge amid geopolitical and financial uncertainties.

Source: YAHOO

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