Tag: gold market volatility
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Gold’s Resilience: A Strategic Asset for Diversified Portfolios
Investing in gold has long been a topic of interest for many investors seeking to diversify their portfolios. The recent surge in gold prices, amidst global market volatility, has drawn attention to the metal as a potential safe haven asset. John O’Donoghue, General Manager Depository at The Perth Mint, sheds light on the reasons behind…
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Gold prices surge to record highs in China, triggering market warnings.
Gold prices reached a new high of $3500 per ounce, triggering warnings from Chinese authorities about irrational trading behavior, reminiscent of a previous gold investment surge in China. Concurrently, the Dollar strengthened after hitting a 3-year low, and US stock markets recovered following President Trump’s criticism of Federal Reserve chairman Jerome Powell. KUNANG Gold Bar…