positive
Recently
Safe haven demand pushes gold prices beyond historic milestone
Gold crossed $5,000 per ounce as safe haven buying intensified globally.
Gold prices surged to a new record above $5,000 per ounce as investors increased allocations to safe haven assets amid global economic uncertainty. Rising geopolitical risks persistent inflation concerns and expectations of prolonged monetary easing supported the rally. Strong institutional demand and central bank buying as additional factors driving momentum in precious metals markets during heightened volatility across equities currencies and bond markets worldwide