Gold surges past $US5,000 as investors seek safety | ABC NEWS
Gold prices have surpassed $5,000 USD for the first time, driven by investors seeking safe-haven assets. Other precious metals, including silver, have also risen amid US policy uncertainty and the ongoing Russia-Ukraine conflict, which has lessened investor risk appetite.
Angel Zhong, an associate professor of finance at RMIT University, says that safe haven assets will continue to rise in value amid enduring global uncertainty.
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