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Gold Prices Rise on Stronger Demand
Thursday, 26 December 2024 23:56 WIB | MARKET ANALYSIS |GOLD

Gold prices rose again, boosted by demand for safe havens amid low trading volumes after the Christmas holiday as markets await signals on the U.S. economy under the incoming Trump administration and the Federal Reserve's interest rate strategy for 2025. Part of the rise in gold prices is related to what is happening in Ukraine with Russia's attack on Ukraine's power system. President Joe Biden said Wednesday that he asked the U.S. Defense Department to resume a surge in arms shipments to Ukraine after condemning Russia's Christmas Day attacks on several Ukrainian cities and its power system. Until this news was released, the Gold Price was at $ 2,632

Source: Newsmaker.id

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