Reported 29 days ago
Gold prices have reached near-record levels as traders eagerly await significant US economic data and the upcoming presidential election. Despite rising bond yields and a strong dollar, gold increased by 0.9%, driven by uncertainties surrounding the election and its potential implications for future monetary policy. This year, gold has risen over 33%, reflecting central bank purchases and safe-haven demand amid global tensions, while upcoming reports from gold mining companies are also on the horizon.
Source: YAHOO