Spot gold firmed 0.6 per cent to US$2,709.28 per ounce as at 4.30am GMT (12.30pm Singapore time) and gained 2 per cent this week. US gold futures rose 0.6 per cent to US$2,724.50.
Bullion - a safe haven in times of geopolitical and economic uncertainty - is up more than 30 per cent in 2024. Rate-cut optimism fuelled the most recent gains as the Fed kicked off its easing cycle in September. Strong central bank purchases have also supported gold.
Diese Geschichte stammt aus der October 19, 2024-Ausgabe von The Straits Times.
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Diese Geschichte stammt aus der October 19, 2024-Ausgabe von The Straits Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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