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Asia

Gold appears set for a rebound as it regains safe-haven appeal after US-Iran war selloff

Markets-Economic Times · 2h ago · 🇮🇳 India

Gold appears set for a rebound as it regains safe-haven appeal after US-Iran war selloff

Gold has recovered nine percent, signaling renewed investor and central bank interest. The precious metal is now positioned for further gains after market shocks. Lower oil prices and softer inflation data support gold's upward trajectory. Institutional demand and rebuilding of positions are likely driving this trend. However, stalled peace efforts and weak demand could limit future price increases.

Read the full story at Markets-Economic Times →

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