Gold returned to growth this week, re-entering the territory of historical highs after a brief correction at the end of last week. The reason for the new growth momentum is new bouts of tariff wars, which intensifies the pull to safe havens on the part of Central Banks. They continue to buy gold instead of […]
Gold stays in rally mode, even when dollar and yields rise Central banks and geopolitics among the main drivers Chinese demand and inflation hedging add extra support Is it a bird? Is it a plane? No, it’s gold! Gold entered a flying mode at the beginning of March, surpassing its previous record high of $2,135 […]
The post Why is Gold Defying Gravity? appeared first on Action Forex.
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