Reported 1 day ago
Gold prices have surged past $4,000 per ounce, driven by increased demand due to geopolitical tensions and a booming stock market. This rally, predominantly led by Western investors, suggests that stock investors might be seeking safe-haven assets as they brace for potential market turbulence. The influx into gold ETFs has reached record levels, reflecting a shift in investment strategy amidst ongoing macroeconomic uncertainties.
Source: YAHOO