Monthly Archives: November 2024
Gold Extends its Gain as Geopolitical Tension Heighten
Written on November 28, 2024 at 5:42 am, by
Market Summary The financial market’s focus remains locked on escalating tensions in Eastern Europe after Ukraine launched long-range British missiles into Russian territory, significantly heightening geopolitical risks. This development has intensified demand for safe-haven assets, with gold rallying over 3% since the start of the week. Analysts expect the bullish momentum in gold prices toContinue Reading
Gold Extends its Gain as Geopolitical Tension Heighten
Written on November 28, 2024 at 5:42 am, by
Market Summary The financial market’s focus remains locked on escalating tensions in Eastern Europe after Ukraine launched long-range British missiles into Russian territory, significantly heightening geopolitical risks. This development has intensified demand for safe-haven assets, with gold rallying over 3% since the start of the week. Analysts expect the bullish momentum in gold prices toContinue Reading
Gold Gain on Russia-Ukraine Tension
Written on November 28, 2024 at 5:40 am, by
Market Summary Gold extended its rally for a third consecutive session this week, gaining nearly 3% since Monday as the intensifying conflict between Russia and Ukraine drove safe-haven demand. Tensions escalated after Ukraine deployed U.S.-supplied missiles, prompting Russian President Putin to approve the use of nuclear deterrents in response. Oil prices, meanwhile, remain at elevatedContinue Reading
