17
Oct
Oct
Asian Markets Slide as U.S. Banking Worries Spark Flight to Gold; Bullion Hits Record $4,378
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News Editor / 21 hours
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- 3 min read
Asian equities fell sharply on Friday, mirroring Wall Street’s retreat, as renewed concerns over the stability of U.S. regional banks rattled global markets. Investors rushed to safety, driving gold to a fresh record high of $4,378 per ounce, while government bond yields extended their decline amid rising bets on further U.S. interest rate cuts. Stocks […]