May 8, 2025

Gold Prices Near 30% Rise YTD as US Election Concerns and Market Volatility Boost Safe Haven Appeal

1 min read

Gold prices surged to near-record highs this week as investors braced for a potentially contentious US presidential election, with polls showing a tight race and uncertainty over the outcome fueling demand for the precious metal as a safe haven asset. Central banks, some of the heaviest gold buyers, have further increased their purchases in recent

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