‘Gold rush’ driven by geopolitics and consumer anxiety

December 12, 2024 By: 0 comments

<p><img src=”https://biz-file.com/c/2412/760787-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Microsoft Designer” align=”left”><br><span >Source: Microsoft Designer&lt;/span><p>The global gold market is experiencing an unprecedented surge in demand, breaking records and drawing intense scrutiny from financial analysts and investors alike. Gold’s utility as a safe-haven asset has been reignited by a volatile geopolitical landscape, economic uncertainty, and shifting consumer behaviours, particularly in key markets like China and India. “The precious metals market has significantly moved this week, with gold rising above the $2,700 per ounce threshold,” explains Antonio Di Giacomo, senior market analyst at XS.com. “This increase is not a product of chance but a complex geopolitical scenario shaking the main regions of Asia and the Middle East, generating an immediate response in international financial markets.”</p><br> <a href=”https://www.bizcommunity.com/article/gold-rush-driven-by-geopolitics-and-consumer-anxiety-031055a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=254187″>Send to a friend</a></p><div style=”clear:left”></div>