Wednesday, October 23, 2024

Gold Shatters $2,700 Ceiling as Global Tensions Fuel Safe-Haven Rush

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Gold prices surged past $2,700 per ounce for the first time, driven by safe-haven demand amid geopolitical tensions and expectations of monetary policy easing. The precious metal’s rally is fueled by uncertainty surrounding the U.S. presidential elections and ongoing conflicts in the Middle East, with analysts noting strong speculative interest from Asian markets.



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