An economic analyst has explained that the recent rise in gold prices is primarily driven by a weakening US dollar and ongoing geopolitical tensions. The inverse relationship between the dollar and gold has become more pronounced, as investors often turn to precious metals during periods of currency instability. Additionally, global political uncertainties have amplified demand for safe-haven assets, further pushing gold values upward. These market dynamics reflect broader investor sentiment favoring asset preservation amid volatile financial conditions.
— news from \”الوطن\”