From Barchart: 2024-12-31 08:00:02

Gold prices hit a one-week high, reaching $1,800 per ounce, as investors sought safe-haven assets amidst rising geopolitical tensions. The precious metal has seen a 1.5% increase in value this week alone, with demand for gold continuing to rise. Analysts predict that gold prices may continue to climb in the coming weeks, with some forecasting a potential break above $1,850 per ounce. The surge in gold prices comes as global uncertainty persists, with investors turning to the precious metal as a hedge against market volatility.



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