Gold prices climbed +1% Monday morning as investors flocked to safe-haven assets after the U.S. suffered a surprise credit downgrade.
The downgrade, combined with rising inflation and geopolitical unease, has driven renewed interest in gold as a hedge.
Analysts note that central bank purchases and Asian demand remain strong tailwinds. Expectations of a prolonged risk-off environment could sustain upward pressure on prices.
Original Source: Investing.com
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Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
