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Gold prices have been hitting record highs — here's why the rally is far from over - TL;DR CNBC

Gold prices have been hitting record highs — here's why the rally is far from over

Publishing timestamp: 2024-03-21 01:57:15


Summary

Gold prices hit new all-time high with potential to rise further due to strong physical demand, central bank purchases, and geopolitical uncertainties. Countries like China, Poland, and Singapore are leading the way in gold purchases.


Sentiment: POSITIVE

Tickers: XAU=WPM-CA

Keywords: indiabreaking news: economyeconomic eventsbusiness newschinapricespolandcommodity marketsgold / us dollar spotwheaton precious metals corprussiaeconomy

Source: https://www.cnbc.com/2024/03/21/gold-prices-have-hit-record-highs-heres-why-they-could-rally-further.html


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