Gold Prices Hit Fresh Highs: How Does It Impact USD?
Gold prices reached record highs on April 12, 2024, as growing economic tensions fuel worries about exacerbating macroeconomic headwinds. The precious metal's value surged to over $2,400 per ounce, cementing its popularity as a safe-haven asset. "I think it's a really exciting moment in gold," Joseph Cavatoni, market strategist at the World Gold Council, said, "What's really driving it is, I think, many market speculators really getting that confidence and comfort [in] the Fed cuts." Central ban