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Gold regains ground as uncertainty and rate-outlook boost safe-haven demand
Gold rebounds after steep decline, driven by uncertainty and outlook for US rate cuts.
Precious-metal prices rebounded on October 22 after a sharp drop in the prior session — spot gold rose to USUS $4,134.37/oz while December futures climbed near USUS $4,147.10. The bounce reflects persistent uncertainty, expectations of potential US rate cuts and renewed safe-haven demand. Although bullion had fallen over 5% in one day, analysts note that under-lying structural drivers remain intact and dips may attract fresh buying amid volatile global cues.