Some parts of the world are worried about how the economy is doing and how much things cost. So, people are not buying as much stuff and stock markets are going down. In Japan, things are especially bad because their money is worth more and it's harder for businesses to make money. Other countries like the United States, Australia, and India are also not doing so well. People are buying more gold because they think it's a safe place to put their money. This is making gold prices go up. Read from source...
Bearish
Article's Key Points:
- Japan's Nikkei 225 closed lower by 5.73%
- Gold traded higher by 1.05% at $2,507.05
- Silver rose 1.87% to $29.012
- U.S. stock markets closed lower due to data raising concerns about the economy slowing too rapidly amid the Federal Reserve's restrictive monetary policy
- Asian markets followed the same trend
The table below provides an overview of the key figures and price forecasts for the company. Please note that these are preliminary estimates and are subject to change.