gold price rise

Gold prices back in limelight after mild correction

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Gold prices back in limelight after mild correction

Spot gold tested a new lifetime high last week due to a combination of factors that have converged to propel the demand for the yellow metal. Multiple catalysts like US rate cut speculation, China’s economic stimulus, and renewed geopolitical tensions attributed to the rise in prices. Prices on the London spot market surged near to … Read more

The gold market hunts for answers behind bullion’s sudden surge

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The gold market hunts for answers behind bullion’s sudden surge

Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate and murky outlook for the global economy. The precious metal is famously seen as a “safe haven,” and the general view is that bullion prices should rise when interest rates fall — which many investors … Read more