Tag: Safe Haven
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Gold surpasses $4,000 as global uncertainty fuels historic rally
Gold sails past $4,000 as uncertainty drives record rally The price of gold surged to a record high of more than $4,000 an ounce, reflecting a global investor mood that favors safe havens amid economic and political uncertainty. Spot gold briefly traded above $4,011 an ounce in Asia, while gold futures reached a similar level,…
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Gold tops $4,000 as uncertainty fuels rally
Gold surges past $4,000 amid global uncertainty Gold has surged to a record high, trading above $4,000 an ounce as investors flock to what is widely seen as a safe haven in times of economic and political uncertainty. The move marks the strongest rally for the precious metal since the 1970s, underscoring how concerns about…
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Gold Prices in Tamil Nadu Hit Fresh Highs as Daily Sales Persist
Overview: Gold Prices in Tamil Nadu Reach Fresh Highs Even as international markets swing, gold remains a cornerstone asset for Tamil Nadu households. Local traders report that daily gold jewelry sales continue to average about 15,000 kilograms (kg), underscoring robust demand across the state. With roughly 35,000 jewelry shops scattered from Chennai to smaller towns,…