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Western retail demand for gold surges in rush for hard assets
In London’s historic Hatton Garden, where diamonds have long been the star, gold is commanding more attention. The famed jewellery district is abuzz with customers seeking bullion bars and coins, broadening the investor pool for tangible assets. “There’s a mix of buying and selling gold, but buying is definitely stronger. Even though prices are high, people are still buying. Many believe prices will go even higher,” said Mashhood, a staff member at a local shop. Spot gold hit a record high of $4,381 per ounce on Monday. Even though a steep selloff on Tuesday and Wednesday took it down 7% to around $4,076 per ... (full story)
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From monetamarkets.com | Oct 23, 2025
Global markets traded cautiously on Thursday as investors shifted toward defensive assets amid renewed geopolitical tensions. Gold softened slightly but stayed supported by risk-off flows, while silver advanced above $48.50 as investors sought portfolio protection. Oil prices jumped beyond $60.00 after the US imposed sanctions on Russian energy companies, ...
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