Gold hits record-high on softer US dollar after Wall Street lifts Fed rate cut bets; Bullion up 2.4% in five days.
Analysts said that ongoing geopolitical strife and potential escalation that Iran could get involved, and the war in Ukraine, could all contribute to safe-haven demand for gold. Bullion is considered a hedge against geopolitical and economic uncertainties and tends to thrive in a low-interest-rate environment.
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Analysts said that ongoing geopolitical strife and potential escalation that Iran could get involved, and the war in Ukraine, could all contribute to safe-haven demand for gold. Bullion is considered a hedge against geopolitical and economic uncertainties and tends to thrive in a low-interest-rate environment.
bestgoldshopinchennai | #brilliantcut | #topgoldshop | #sellgold | #antiquejewellery | #nagasjewellery | #southindianbride | #buygoldbangles | #templejewellery | #antiquejewellery |#916goldnecklace | #cashforoldgold | #diamondweddingjewellery | #madrasscrew |
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