Money
Gold prices surge as Central Banks buy big, but risks grow ahead
Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.
Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.
Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.
But experts warn the shine could fade. A stronger us dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.
Dr steven enticott from cia tax breaks down the drivers behind gold’s surge—from etf inflows to physical bar demand—and what could send the price sharply higher… or lower.
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