Gold Breaks $2,500 Barrier as Central Banks Accelerate Reserve Diversification
Spot gold reached an all-time high of $2,518 per ounce, propelled by record purchases from central banks in China, India, and Turkey. Analysts project $2,800 by year-end as de-dollarization trends accelerate across emerging markets.
Spot gold reached an all-time high of $2,518 per ounce, propelled by record purchases from central banks in China, India, and Turkey. Analysts project $2,800 by year-end as de-dollarization trends accelerate across emerging markets.
Related Articles
Crude Oil Spikes Above $85 After OPEC+ Announces Deeper Production Cuts Through Q4
Brent crude futures surged 4.2% in early trading after OPEC+ members agreed to extend and deepen production cuts by an additional 1.5 million barrels per day through December, citing concerns about global demand softening from China.
James Wright·1h ago
Natural Gas Prices Surge 18% as Europe Scrambles to Refill Storage Before Winter
European natural gas futures jumped to their highest level since October 2023 as storage facilities across the continent remain below seasonal averages. The energy crisis is reviving debates about nuclear power and LNG terminal expansion.
James Wright·4h ago
Comments(0)
No comments yet. Be the first to share your thoughts.