Gold Hits Record $4,000 as Investors Seek Safe Havens
Gold prices surged past $4,000/oz record high as investors flock to safe-haven assets amid geopolitical tensions and expected Fed rate cuts.
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Gold prices surged past $4,000/oz record high as investors flock to safe-haven assets amid geopolitical tensions and expected Fed rate cuts.
De Beers reports recovering diamond demand as challenges from lab-grown gems and tariffs ease. China emerges as a key market, says Paul Rowley of De Beers Group.
Gold hit a record $3,578.50/oz as bets on US Fed cuts, a weaker dollar, and institutional shifts fuel a 30% gain this year.
At Jackson Hole, the Fed reaffirmed its hawkish stance even as U.S. tariffs begin to impact consumer prices and global supply chains, sparking debates on economic resilience.
June’s data showed the consumer price index in the Chinese mainland rose 0.1% year on year, highlighting steady prices for consumers and businesses worldwide.
The 28th St. Petersburg International Economic Forum opened in Russia’s second-largest city, uniting global leaders to explore economic, tech, and sustainable innovations.
China’s first Private Sector Promotion Law takes effect on May 20, aiming to fuel trade, investment, innovation, and jobs on the Chinese mainland.
Swedish brand Livat’s design-led mall in suburban Beijing is drawing tens of millions of visitors each year by combining Scandinavian style with immersive, tech-driven experiences.
Explore how the Chinese mainland’s consumer market transforms with opening-up policies, boosting domestic spending and sparking global trade momentum.
Investors are shifting capital from the U.S. as doubts over economic policies prompt a move toward European and Asian markets.