Reported about 7 hours ago
Gold prices have rebounded as investors seek safety following a decline in global stocks, which fell due to concerns over high valuations. After dropping nearly 2% previously, gold is approaching $4,000 an ounce amid demand for safe-haven assets and a stagnant dollar index. Despite this recent pullback, analysts believe the factors driving gold's gains this year remain strong, suggesting a potential rally post-consolidation.
Source: YAHOO