Gold rallies ahead of Central Bank rate decisions and post-Syria tensions
Forrás:
Euronews.com
4 hónapja
Gold prices have increased over the past two days due to rising haven demand and renewed purchases from China, with expectations of further rate cuts by central banks contributing to this trend. Geopolitical tensions, particularly in Syria and the ongoing conflicts in the Middle East, have heightened demand for gold as a safe-haven asset. China's economic stimulus measures and renewed gold purchases are also influencing the market. However, bearish factors such as a strengthening US dollar and rising bond yields could pose challenges for gold prices in the near term. Teljes cikk (Euronews.com)