In a dramatically volatile week, the price of gold witnessed a significant gain, appreciating by 5%. This uptick has been driven primarily by investors seeking refuge amidst macroeconomic uncertainty, thereby boosting safe-haven demands. n nThe yellow metal stood out as an asset of choice for investors looking to safeguard their portfolio from volatility in equity and forex markets. Gold’s appeal was further propelled by the inflationary concerns driving investors toward assets seen as inflation hedges. n nThis price action presents a vivid picture of the market’s risk sentiment, underscoring the pivotal role of gold as a safe-haven asset. The development also bears significant implications for both retail and institutional investors, particularly for those considering a more balanced and diversified investment portfolio. n nAs the week comes to a close, the bullish sentiment around gold reigns, with market observers closely watching the potential drivers to maintain this trend. Read More
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