Reported 1 day ago
Gold is on track for its eighth consecutive weekly gain, driven by rising demand amid tariff threats and a significant price difference between US and London markets. With gold prices hovering near $2,950 per ounce, institutional investors are increasing physical shipments to New York in response to fears of potential shortages. Central bank demand has also reached an all-time high, further increasing investor interest in gold as a safe-haven asset amidst geopolitical uncertainties.
Source: YAHOO