Tag: safe-haven investment
-
Gold Prices Surge Towards $3,000 as Investors Eye Record Highs
Gold market bulls are eyeing a record-breaking milestone of $3,000 per ounce as the price of bullion surges to new heights. The surge is fueled by monetary easing measures by major central banks and the intense US presidential election race. Spot gold hit a historic high of $2,572.81 an ounce, driven by safe-haven demand amid…
-
Gold Miners Benefit from Surge in Shares Amid Rising Bullion Price
Gold miners are experiencing a surge in their shares as the price of bullion is on track for its most significant increase since October 2023. The value of spot gold has risen by 3.4% to $3,085.50 per ounce, driven by a surge in safe-haven investments amidst escalating trade tensions between the United States and China.…