Reported about 1 month ago
Gold prices surged past $2,700 an ounce for the first time due to escalating geopolitical tensions in the Middle East and uncertainties surrounding the upcoming US elections. With gold prices rising as much as 0.7% to reach $2,711.99, investors are prioritizing safety amidst these tumultuous conditions. The current demand for gold is fueled by both geopolitical developments and a shift in market sentiment ahead of the US elections scheduled for November 5.
Source: YAHOO