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gold prices soar to record high as demand from investors surges
Gold's price has surged by 38% over the past year, reaching a record high of over $2,700 per troy ounce, driven by strong demand from investors and central banks. Despite offering no dividends or yield and having limited ties to jewellery demand, the precious metal's appeal continues to grow. Experts discuss the factors fueling this remarkable rally.
Qatar Central Bank Governor Engages with Global Finance Leaders in Washington
Sheikh Bandar bin Mohammed bin Saoud al-Thani, Governor of the Qatar Central Bank, met with UBS Chairman Colm Kelleher, World Gold Council's Shaokai Fan, and Citigroup Chair John Dugan during the 2024 Annual Meetings of the IMF and World Bank in Washington, DC. The discussions focused on the latest global developments in banking and finance.
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