Tag: haven demand

Gold's record highs were driven by geopolitical tensions and US election concerns, but profit-taking led to a decline. Silver briefly rose to a 2012 high before retreating. Central bank buying and anticipated rate cuts are fueling gold's rally amid increasing investor interest.
Posted in Business

Gold hovers near fresh record, silver at highest since 2012. Why? Uncertainty

Oct 22, 2024 08:45 AM IST Gold retreated after hitting a record high, buoyed by Middle East tensions and US election uncertainty. Profit-taking followed 4-day…

Continue Reading