Google Search for ‘Buy Gold’ Up 64% as Market Crashes

6 August 2024

Google searches for “buy gold” surged nearly 64% at the start of August, driven by recession fears following the Federal Open Market Committee meeting and a disappointing U.S. jobs report. This spike in interest highlights gold’s role as a safe-haven asset during economic uncertainty, with Hawaiian investors showing the highest interest. Despite the recent market volatility, gold maintains its appeal due to its historical value and industrial uses.

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