Gold prices could rise beyond the $ 2,000 level this year, as economic and geopolitical uncertainties lead to a race for safer assets, analysts predicted. On Monday morning during Asian hours, spot gold jumped to record levels, trading at $ 1,931.11 per ounce after previously rising to $ 1,943.92 per …
Read More »
Ktsdesign | Science Photo Library Gold hit record prices as concerns over issues such as the coronavirus pandemic and tensions between the United States and China weighed on investor sentiment. On Asian trading hours morning on Monday, spot gold traded at around $ 1,931.11 per ounce after a previous trade …
Read More »
Gold futures posted a record deal on Friday, along with their strongest weekly performance since early April, with calls to the never-before-seen level of $ 2,000 an ounce for the precious metal to come stronger than ever. “The gold and silver bulls will face a real challenge in the next …
Read More »
“ “When interest rates are zero or close to zero, then gold is an attractive medium because you don’t have to worry about not getting interest on your gold and you see that the price of gold will increase as uncertainty increases in the markets.” . “ – Mark Mobius …
Read More »
US stocks fell on Thursday after the data showed no real improvement in weekly unemployment data with coronavirus cases increasing further in many states, though Senate and White House Republicans announced progress toward a deal on another financial aid package for businesses and households affected by the pandemic. However, investors …
Read More »