Gold prices surge to one-week high

Quick Summary:

Gold prices rose for a third consecutive day to a one-week high Wednesday, as investors accumulated safe-haven assets because of the escalating Russia-Ukraine war and a softer dollar.

Higher rates reduce the appeal of gold.

Investors continue to accumulate gold as a safe-haven asset.

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Article Details

Category: EconomyBusiness

Markets: ThailandUkraine

Topics: Seng Gold World Investors Resistance Prices Baht Domestic Dollar Price Wednesday

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 09:21:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 384 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23731904

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 15 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 4 hours ago

Coverage Areas: Thailand

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Publisher ID: #66

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