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Monthly Archives: November 2024

Gold Sky-rocket with the U.S. Election Jitters

Written on November 1, 2024 at 6:54 am, by

Market Summary Gold surged to an all-time high in the last trading session, climbing above the $2,780 mark. Multiple bullish factors have fueled this rally, including intensifying geopolitical tensions in the Middle East and Eastern Europe, which have heightened demand for safe-haven assets. Additionally, as markets brace for the U.S. election, investors are showing aContinue Reading

Gold Rally Ahead of the U.S. Election

Written on November 1, 2024 at 6:54 am, by

Market Summary As the U.S. election draws near, safe-haven assets are gaining traction, with gold rallying back to its all-time highs and the U.S. dollar hovering close to recent peaks. Historical trends indicate that the Japanese yen tends to attract strong safe-haven demand during election years, having outperformed the dollar, Swiss franc, gold, and U.S.Continue Reading

Gold Rally Ahead of the U.S. Election

Written on November 1, 2024 at 6:54 am, by

Market Summary As the U.S. election draws near, safe-haven assets are gaining traction, with gold rallying back to its all-time highs and the U.S. dollar hovering close to recent peaks. Historical trends indicate that the Japanese yen tends to attract strong safe-haven demand during election years, having outperformed the dollar, Swiss franc, gold, and U.S.Continue Reading

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