Gold climbs over 1pc as widening Middle East war fuels safe‑haven demand

Gold Market Update: What’s Behind the Current Trends?

Analysts Weigh In on the Latest Developments

Despite recent fluctuations, analysts note that the underlying fundamentals for gold have not materially shifted. The key drivers that have been supporting the bullion remain intact, including

Geopolitical Uncertainty

and

Policy Unpredictability

. These structural factors continue to influence the market, suggesting that the current trends may be more than just a short-term blip. As investors and market watchers seek to understand the complexities of the gold market, one thing is clear: the bullion’s enduring appeal is rooted in its ability to thrive in times of uncertainty.

Source: Dawn | Read original