Reported 3 days ago
Gold prices continued to climb due to heightened demand for safe-haven assets after escalating tensions from Russia's war with Ukraine and President Putin's approval of a new nuclear doctrine. With gold trading above $2,638 an ounce, investor interest has surged, aided by a decline in the US dollar and ongoing geopolitical uncertainties. Analysts, including Goldman Sachs, predict further increases, potentially reaching $3,000 per ounce next year.
Source: YAHOO