https://www.taxtmi.com/news?id=35324 Gold's surge to record highs reflects shifting demand-jewellery, investment, central bank purchases and technology-with unusually large central bank buying in recent years driving prices directly through reserve diversification and indirectly by weakening the US dollar. Gold combines a long-run store-of-value role that hedges inflation and currency risk with a short-run safe-haven effect during crises; together, heightened geopolitical risk, inflation worries and sovereign rebalancing explain the recent pronounced price rise. en-us Wed, 26 Feb 2025 12:46:03 +0530 Wed, 26 Feb 2025 12:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35324 Gold's surge to record highs reflects shifting demand-jewellery, investment, central bank purchases and technology-with unusually large central bank buying in recent years driving prices directly through reserve diversification and indirectly by weakening the US dollar. Gold combines a long-run store-of-value role that hedges inflation and currency risk with a short-run safe-haven effect during crises; together, heightened geopolitical risk, inflation worries and sovereign rebalancing explain the recent pronounced price rise. News - Wed, 26 Feb 2025 12:46:03 +0530 https://www.taxtmi.com/news?id=35324