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The gold price hit $2000 again Tuesday as new data said central-bank demand for the precious metal has been more than 50% greater over the last 10 years than official figures report
Stephen Rego - Continued political uncertainty could drive gold prices higher still. The dual demand-supply squeeze would definitely put the jewellery industry in a bind, , Magazine 4 Nov 2023, stephen rego
Oct 26 - Gold prices edged up on Thursday as the Middle-East conflict kept investors worried, with bullion standing firm despite a stronger U.S. dollar and bonds yields. ...
The ongoing Israel-Hamas conflict has increased the demand for gold, as the precious metal is often sought as a safe asset in times of economic and political turmoil.
Investors await the U.S. GDP numbers for the third quarter later in the day and the PCE price index on Friday ahead of the Federal Reserve's rate decision next week.