Gold price surpasses US$4100 per ounce… sets record high again

Source
JH Kim

Summary

  • The international gold price surpassed US$4100 per ounce, setting a record high.
  • The recent rise in gold prices appears to have been influenced by global economic uncertainty, the U.S. Federal Reserve's monetary policy outlook, and escalating geopolitical tensions.
  • It stated that this trend suggests gold is being recognized as a safe-haven asset by investors.

On the 13th (local time), according to economic breaking news channel Walter Bloomberg, the international spot price of gold recorded US$4100 per ounce, reaching an all-time high again.

Recently, gold prices have continued to rise amid global economic uncertainty, the U.S. Federal Reserve's monetary policy outlook, and escalating geopolitical tensions.

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JH Kim

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