Gold Rally Continues with Strong Central Bank Demand, Anticipation of Lower Interest Rates
–News Direct– Source: Freepik Gold prices are on the upswing as investors keep a close watch on several key factors influencing the market. One significant driver is the anticipation of lower interest rates, which enhances gold's appeal as a hedge against inflation and currency devaluation. Furthermore, increased demand from China adds to the positive momentum, bolstering gold's position as a sought-after asset in global markets. Spot gold was trading over $2,320 an ounce on Monday, representing an advance of about
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