Latest News

Military instability and gold price

The price of gold, represented by XAU/USD, continues to rise, reaching around $2,400, marking a new record high.

Ongoing geopolitical tensions in the Middle East contribute significantly to this surge, as investors seek the safety of gold. Additionally, anticipations of interest rate cuts by major central banks in the near future further bolster the appeal of gold as a non-yielding asset.

 

Dr. Kamaran Qader Yaqub,
Fundamental Analyst and Financial consultant at Investment Spot company. 


Share This Share This