China’s gold buying surge has driven prices to record highs above $2,400 per ounce. Amid global uncertainties like the Ukraine invasion and the Gaza conflict, Chinese investors have flocked to gold as traditional investments falter. This trend is supported by retail buyers like Xena Lin, who purchase affordable gold "beans," and institutional investors including...
World gold prices increased with spot gold increasing by 7.5 USD to 2,170.8 USD/ounce. Gold futures last traded at 2,173 USD/ounce, up 13.2 USD compared to yesterday morning.
Prices for the yellow metal rose slightly in early trading as investors awaited key economic data and comments from US Federal Reserve (Fed) officials this week for further confirmation....