Gold Price Hits All-Time High Above $2,300 as Geopolitical Tensions Intensify
Friday, 5 April 2024, 14:09
Gold Hits Fresh Highs Above $2,300
Gold price (XAU/USD) reached a new all-time high above $2,300, driven by geopolitical tensions as opposed to the strong US NFP data released by the Bureau of Labor Statistics (BLS).
Key Points:
- Gold price surged above $2,300 despite positive US NFP report.
- Investors turning to gold amidst geopolitical uncertainties worldwide.
The ongoing global instability is pushing investors towards safe-haven assets like gold, reflecting a shift in focus amid the growing geopolitical tensions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.