New york: PU Prime has announced the introduction of XAUUSD247, a new trading feature that allows clients to trade gold 24 hours a day, seven days a week on the MT5 platform. This move comes as gold continues to be a highly traded safe-haven asset, with prices reacting swiftly to global geopolitical events, central bank policies, inflation forecasts, and changes in investor sentiment.
According to BERNAMA News Agency, earlier this year, gold prices surged to nearly US$5,600 per ounce in January as investors sought refuge in safe-haven assets due to rising tensions in the Middle East. Although prices have since decreased from their peak, the World Gold Council's research indicates that gold remains one of the top-performing assets over the past year.