Aqa
10-01
Gold price have flown to new all-time highs now. The current gold surge is due to increased demand as a safe-haven asset amid global economic uncertainty, high inflation, the Federal Reserve’s independence and geopolitical risks. The price of gold relies on market sentiment and demand. When people are fearful of the economy, demand for gold rises and its price increases. But when people become less fearful, demand for gold falls, and its price decreases. Gold price is always volatile and difficult to gauge. Most investors would invest in gold ETF for example $iShares Gold Trust(IAU)$ or $SPDR Gold Shares(GLD)$ to play safe. Thanks @Tiger_comments @TigerStars @Tiger_SG @GoodLife99
Silver Another High: Continue to Outperform Gold in This Bull Market?
Silver prices have surged to a historic high, breaking above the peak set during the dramatic short squeeze in the London market this October. Gold has broken out of its consolidation range and is now poised to challenge the $4,300 level. With rate-cut expectations rising, can gold return to new highs in December? And is silver’s new record a positive signal for the market?
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