World gold prices increased, approaching the historical high of 2,531 USD/ounce (set on August 20), due to the demand for safe havens after the military conflict between Israel and Hezbollah last weekend.
In addition, experts believe that the gold price increase has not ended yet, because the US Federal Reserve (Fed) is about to begin a monetary policy easing cycle.
Recent moves by the Fed show that officials of the US Central Bank clearly support a policy pivot at the next meeting. The Fed Chairman emphasized that it is time to cut interest rates. This information continues to create confidence for investors as the direction of gold prices becomes clearer.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.