Chinese retail investors drive gold surge on Shanghai exchange
Goldβs astonishing surge this year baffled analysts until a new player emerged
Goldβs astonishing surge this year baffled analysts until a new player emerged
Amidst global tensions and economic uncertainties, China emerges as the powerhouse driving gold to new heights.
Amidst escalating tensions in the Middle East, gold surged toward a new record high before a sudden retreat, sending ripples through global markets.
As gold prices soar past $2,400 an ounce, the frenzy hits Brooklyn’s King Gold & Pawn, where customers flood in to sell their treasures.
Despite longstanding associations with geopolitical tensions and impending rate cuts, Gold’s surge remains shrouded in mystery.
In a world captivated by digital currencies, the allure of gold often fades into obscurity.
Gold soared to a new pinnacle, surpassing $2,300 an ounce fueled by prospects of Federal Reserve rate cuts and persistent central bank demand.
As gold breaks free from its four-year range, reaching record highs at $2,195 per ounce, China’s role in diversifying reserves adds intrigue.
Gold touched an all-time high of $2,141.79 per ounce, fueled by fund buying and speculation surrounding a potential Federal Reserve pivot.
The Old Mutual Unit Trusts this week elected to keep their Gold Fund open after putting their investors through a stressful ballot exercise.