Tag: safe-haven assets
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Gold Surges Above 4350 as Geopolitics Roil Markets in Asia
Gold Reaches Multi-Week High on Geopolitical Fears Gold prices climbed above the key $4,350 level in early Asia trading on Monday, signaling renewed investor demand for the precious metal as geopolitical tensions persist. The dollar-denominated spot price for gold (XAU/USD) moved toward $4,370, extending its upside as risk sentiment remained fragile in the wake of…
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Gold Surges to Record High Near $4,400 as Safe-Haven Demand Intensifies
Gold Reaches All-Time High on Safe-Haven Demand Gold prices jumped to an intraday record near $4,400 per ounce as traders priced in persistent safe-haven demand amid mounting concerns about inflation, global growth, and policy outlooks. The precious metal’s rally came during the early European session, driven by expectations that the U.S. Federal Reserve will loosen…
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Dollar Falls as US Government Shutdown Sparks Selloff
Dollar Falls as U.S. Government Shutdown Sparks Selloff The dollar index, which tracks the greenback against six major currencies, slipped 0.2% on Wednesday to 97.61. That small move masked a broader concern: the greenback is about 10% weaker for 2025 so far, a pace that would mark its worst annual performance since 2003 when it…


