Gold Erases New Record Week as Asian Demand Sinks, Dollar Rallies & Global IT Outage Hits

Опубликовано: 20 Ноябрь 2024
на канале: BullionVault

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Gold Price News By Adrian Ash – Friday 19th July 2024

The PRICE of GOLD fell further on Friday, erasing this week's jump to new all-time Dollar highs as the US currency rallied on the forex market and signs grew that 2024's record bull run is badly denting demand in China and India, the precious metal's biggest consumer markets.

Silver plunged, losing 5.0% from last Friday to trade at its lowest week-end level so far in July.

Global equities meanwhile dropped again as a global tech outage hit major systems and corporations from banking to telecoms, media to airlines.

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