On Wednesday 25th September 2024, gold hit all time highs of $2,670 during Asian trading session.

Multiple factors are continuing this bullish trend of gold upside which is helping the non-yielding metal.

The Conference Board revealed that Consumer Confidence declined in September, hitting its lowest level since August 2021, due to growing concerns about the labour market and the overall economic outlook.

Middle east tensions continue and further escalations is going to support gold to the upside along with safe heaven currencies.