Good run: Gold bars are displayed at a jewellery shop in India. Sanctions on Russia could herald a more far-reaching shift that’s bolstering bullion. — Reuters
LONDON: Gold is proving remarkably resilient, gaining almost 7% this year as investors shrug off surging real yields and strengthening dollar to focus on political and economic risks.
While traditional yield and currency drivers suggest bullion is overvalued, demand for the haven asset remains strong.
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