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Gold Rally

All articles tagged with #gold rally

Asian Stocks Steady as Wall Street Pauses
finance4 months ago

Asian Stocks Steady as Wall Street Pauses

Stocks declined from record highs amid concerns over valuations and AI investment bubbles, while gold surged to over $4,000 an ounce as investors seek safe havens amidst US economic worries and a government shutdown threat. Asian markets fell, the dollar strengthened, and the yen hit a record low against the dollar, with market analysts warning of potential risks but expecting the rally to continue in the near term.

Gold Reaches New All-Time High Amid Rate-Cut Bets and Market Turmoil
business5 months ago

Gold Reaches New All-Time High Amid Rate-Cut Bets and Market Turmoil

Gold prices hit a record high above $3,500, driven by geopolitical tensions, a softer dollar, and increased demand from central banks and investors. While some ETFs and mining stocks are showing bullish signals, many are extended, raising questions about the timing of new investments. Experts suggest that demand for gold is likely to continue growing despite the recent rally.