![]() This follows as countries are looking to ease their dollar dependence, having seen the effect of dollar sanctions on Russia. Meanwhile, foreign central banks are also likely to support the higher price, as they have been stockpiling the reserve asset at significantly high levels over the past few quarters. Daisy Londons Stacked Twist Rope Charm Gold Hoop Earrings are the perfect piece to add some pared back style into your everyday look. Despite slowing retail sales, the safe-haven asset is likely to maintain an elevated level thanks to geopolitical tensions and recessionary fears. While earlier Chinese demand for the yellow metal helped support a record high of over $2,000 an ounce, gold still stands at around $1,935. The Shanghai gold price now trades at a discount to the international rate, Bloomberg reported, citing data from the World Gold Council. Unique jewelry designs that are great for everyday wear or special occasions like weddings. Free shipping over 75 Choose from Batman, Harley Quinn, Wonder Woman & more. Eternity Arc Ear Cuff 50.00 Just the right amount of sparkle - and no piercing required LIFEPROOF Mini Eternity Hoop Earrings in Titanium 120.00 Huggies with just the perfect amount of shine LIFEPROOF Celestial Crystal Studs in Titanium 75. Still, demand for the commodity is expected to weaken further in June. IMBER Shop earrings stacks for fans of Marvel, DC Comics & Harry Potter. 75.00 The Little Black Dress of earrings - you cant go wrong. ![]() Beijing has responded to slowing economic activity with plans for direct stimulus, while the country's central bank introduced the first interest rate cuts since August, as a way to encourage spending.
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