Gold’s Momentum Signals More Than A Safe-Haven Bounce

Gold Hits New All-Time High Above $4,090 as Safe-Haven Demand Surges News ETHNews

Gold prices have surged to a new all-time high of $4,098 per ounce, according to the latest data from GoldPrice.org, extending a powerful rally driven by global economic uncertainty and investor rotation into hard assets. Traders also pointed to rising central bank demand, particularly from China and India, as a key driver of sustained upward momentum. With global debt concerns intensifying and inflation expectations stabilizing, analysts say go…

Gold’s Momentum Signals More Than A Safe-haven Bounce

In the face of strain between nations and regionally in sub-Saharan Africa, gold is breaking records, climbing steadily even as other assets jitter under geopolitical stress. According to one report, continued challenges between SSA and China are cited as part of the backdrop pushing gold upward. Technically, gold seems to be mixing breakout force with structural support. It has climbed past resistance levels that held it in check for weeks. As …