Tag: XAU/USD
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Gold Surges Above 4350 as Geopolitical Tensions Rise
Market backdrop Gold is moving higher as traders reassess risk in global markets. In early Asian trading on Monday, the precious metal extended its upside beyond the 4,350 level, trading around 4,370 per ounce. The latest leg higher comes amid renewed geopolitical tension and a shift in investor sentiment toward safe-haven assets like gold, which…
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Gold Price Surges Above $4,350 As Geopolitical Tensions Fuel Demand
Gold Price Climbs as Geopolitical Tensions Escalate Gold prices jumped above the $4,350 level in early trading on Monday, with XAU/USD trading around $4,370 as traders digested fresh geopolitical headwinds. The precious metal has found renewed demand as investors seek shelter amid rising uncertainty in global affairs. Specifically, sentiment has shifted in response to the…
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Gold climbs to record high near $4,400 on safe-haven flows
Gold hits new intraday high as safe-haven demand intensifies Gold prices surged to a fresh record near $4,400 per ounce as investors sought shelter from market turbulence and inflation concerns. The metal, typically viewed as a hedge against macro risk, gained momentum in early European trading amid mounting bets that the U.S. Federal Reserve could…
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Gold climbs to record high on safe-haven demand ahead of Fed cuts
Gold hits record highs as safe-haven demand intensifies Gold prices surged to fresh record levels on Monday as investors flocked to the precious metal amid growing concerns about inflation and the pace of policy tightening. The yellow metal traded near the $4,300 to $4,400 range in early European trading, signaling a renewed appetite for safety…
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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…