Tag 'Gold Investments'

Gold's allure increased after unprecedented rises recorded since early 2024, becoming the only metal with the most enigmatic performance in recent weeks, breaking away from the logic of Federal Reserve policy — which has been unclear about the timing of interest rate cuts amidst continued high inflation rates — and defying the traditional rule that presumes an inverse relationship between the dollar and gold. Central banks and investors hedging against growing fears of geopolitical unrest in the Middle East and Russia had the strongest impact in driving the gold to historic levels.