Energy Markets
MORNING BID - EUROPE - Gold at $4K. Be very, very afraid
Ankur Banerjee gives us a look at what the future holds for European and global markets The markets are battling political turmoil in Japan, France, and the U.S. This is pushing gold to record highs, with the metal being used as a safe haven by investors. Spot gold is in a flurry - to say it has been on fire would be an understatement. The eye-watering 50 percent gain this year comes on top of the 27% increase in 2024, and 13% in 2023. Investors' appetite for gold is still insatiable. According to World Gold Council data, global inflows into...