From Google: 2024-09-14 07:11:26

Last week, financial markets hit a slump with the S&P 500 index dropping 1.3% due to fears of the Delta variant and inflation concerns. However, this week, all major indexes rebounded with the S&P 500 gaining 2% and the Nasdaq Composite rising 0.9%.

Gold prices reached an all-time high as investors sought safe-haven assets amidst market uncertainty. The precious metal hit $1,833 per ounce, driven by a combination of inflation worries, a weaker dollar, and uncertainty over the pandemic’s impact on the economy. Analysts predict further gains as market volatility persists.



Read more at Google: What a difference a week makes in financial markets. Plus gold hits all-time high. – Detroit Free Press