In a week marked by escalating global tensions, gold surged to a five-month high, breaching the $1,990 mark. The precious metal continued its upward trajectory, fueled by safe-haven demand as investors sought shelter amidst geopolitical uncertainties. The Middle East crisis, specifically Israel's military operations in Gaza, intensified the rush to safe assets....
Gold recently surpassed $1,950, driven by technical breakthroughs and geopolitical concerns. While positive indicators suggest upward potential, cautious trading is essential. Watch for signals post-Powell's speech. Geopolitical tensions continue to boost gold's appeal, but traders remain wary, expecting further cues. Investors eagerly await Powell's speech for...
Gold prices have recently seen a rapid surge, reaching $1,960 as tensions escalate in the Gaza Strip, and the U.S. House of Representatives faces difficulties due to the absence of a Speaker, causing investors to seek refuge in safe havens. XAU/USD is holding steady around $1,950 at market close and has gained over 1.35% on Wednesday. The conflict in Gaza and the...