Gold regains momentum as weak dollar, safe haven demand and seasonal buying support prices

Gold prices have surged sharply in August, supported by a weaker U.S. dollar, expectations of monetary easing, geopolitical tensions, and sustained central-bank purchases. Strong Chinese demand and Indias upcoming festive and wedding season add further support. Despite potential short-term corrections, structural factors including reserve diversification, inflation concerns, and de-dollarisation keep golds long-term outlook bullish.

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