The global economy refers to the interconnected economic activities and transactions that occur between countries around the world. It encompasses the production, distribution, and consumption of goods and services on an international scale. The global economy is influenced by factors such as trade, investment, foreign exchange, and international finance. It includes various economic entities, including corporations, governments, and individuals, and is characterized by the flow of capital, labor, technology, and resources across borders. The global economy can be affected by global events, policies, and trends, which may impact economic growth, employment, and standard of living in different regions.
Gold has hit a historic high, surpassing $3,000 per ounce, driven by global geopolitical tensions. Central banks are bolstering their gold reserves to reduce reliance on the U.S. dollar, with…