After reaching a historic peak last week, it has stabilized Gold price today, Off setting the pressures resulting from the rise in the dollar and US Treasury bond yields thanks to the increasing demand for…Safe havens
Gold prices
- The price of gold settled at $2,381.68 per ounce.
- US gold futures fell 0.4% to $2,397.70.
The stability of gold prices is due to the high demand for safe havens, and gold is still viewed as a safe haven for investors in times of economic and geopolitical uncertainty, which prompts them to buy it as a hedge against inflation and the decline in the value of fiat currencies.
