Tag: safe haven assets
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Gold and Palladium Prices Surge Amid Geopolitical Tensions and Supply Concerns
Gold prices strengthened in response to persistent geopolitical uncertainties, with spot gold rising to $2,736.30 per ounce amid heightened demand. The metal’s resilience was evident as it rebounded from recent lows, signaling robust investor interest in bullion. Analysts noted the upcoming U.S. election and a complex geopolitical landscape as key factors driving the current gold…