Despite elevated prices, central banks are unlikely to significantly scale back purchases, HSBC said. The report notes that the primary motivations include diversification and long-term hedging against geopolitical, macroeconomic, and policy risks
South Korea’s Kospi tanks 8% despite US-Iran war optimism. Here are 4 reasons why
The benchmark Kospi plunged 551 points, or 8.1%, to 6,2505. The steep decline triggered “sidecar” trading curbs on both the Kospi and the junior Kosdaq