Reported 3 days ago
Gold prices have skyrocketed over 60% this year, continuously breaking records and raising forecasts of reaching up to $6,000 per ounce. Driven by economic uncertainties and investment shifts away from the U.S. dollar, gold is increasingly seen as a safe haven for investors. Major financial institutions, including Goldman Sachs and Bank of America, have raised their predictions for gold, with factors such as ongoing geopolitical tensions and demand from global central banks contributing to its upward momentum.
Source: YAHOO