Gold Rally Shows No Signs of Slowing as Bullish Investors Flock To Haven Asset
Gold prices have broken through the $3,000 an ounce barrier, driven by a surge in central-bank purchases and investor demand for the precious metal as a safe-haven asset. Analysts at Bank of America, Citigroup, and Macquarie Group are bullish on gold, citing growing anxiety about the global economy and concerns over inflation expectations. The bank’s … Read more