Gold Futures Hit $5,280 High as Geopolitical Tensions Boost ETF Demand
Gold futures reached a record $5,280 per ounce, propelled by a 24% drop in December net imports through Hong Kong and surging January premiums, signaling robust physical demand. Heightened geopolitical tensions with Iran and growing Fed easing expectations have driven safe-haven flows into AAAU holdings.
Related News
VIDA
Vida Introduces VIDAx Tokenized Shares on xStocks for 110 Countries
VIDA•
BCS
Samsung Electronics Agrees 40 Trillion Won Bonus Package for Chip Workers
BCS•
WMT
Walmart Set for Q1 EPS of $0.66 on $175B Revenue; Value Outlook Tempered
WMT•
NVDA
Nvidia Tops $91B Sales Forecast, Boosts Dividend and Buyback Program
NVDA•
NVO
Novo Nordisk Shares Slump 45% to 10x P/E as Pharma Fuels Danish GDP
NVO•
Sources
WWWPK
+15 more