Summary
- It reported that the international gold price recorded 3707.40 dollars per ounce, reaching an all-time high.
- It said that the recent rise in gold prices is due to global economic uncertainty, the outlook for the U.S. Federal Reserve's monetary policy, and heightened geopolitical tensions.
- Investors are said to be focusing on gold's role as a safe-haven asset in light of these factors.
On the 17th (local time), according to economic flash channel Walter Bloomberg, the international spot gold price recorded 3707.40 dollars per ounce, once again reaching an all-time high.
Recently, gold prices have been rising day after day due to global economic uncertainty, the outlook for the U.S. Federal Reserve's monetary policy, and heightened geopolitical tensions.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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