Gold Achieves Strongest Quarter in 8 Years: Geopolitics and China’s Stimulus Fuel Surge
Politics tamfitronics 2024-10-04T13:52:34.254+02:00Friday, 04/10/2024 | 11:52 GMT by Damian Chmiel Gold prices soared to new heights in Q3 2024, testing levels above $2,685 and setting a new record. This marked the precious metal's best performance since Q1 2016, spanning over 8 years. Scottsdale Mint 1 Kilo Gold Bullion Bars sitting on a simple textured backdrop When panicstrikes the markets, investors close their risky positions and return,chastened, to the instrument that hasn't failed them for decades: gold. The recentweakening of the US dollar, China's efforts to boost its economy, andgeopolitical tensions have propelled gold...