Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year, driven by rock-bottom interest rates

Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year, driven by rock-bottom interest rates

The increased forecasts are driven by rising fears about the dollar's long-term future as the world's key reserve currency, and expectations of continued rock-bottom interest rates.
July 28, 2020 0 Comments
Gold prices surge to record high amid coronavirus worries, U.S.-China tensions

Gold prices surge to record high amid coronavirus worries, U.S.-China tensions

In the morning of Asian trading hours on Monday, spot gold traded at about $1,931.11 per ounce after earlier trading as high as $1,943.9275 per ounce. Those levels eclipsed the previous record high price set in September 2011.
July 27, 2020 0 Comments
Gold breaks $1,900 but silver steals the show

Gold breaks $1,900 but silver steals the show

"Silver is up 94% since it's low in March, and silver is up 18% this week while gold is up just 5% in comparison. I don't think you can ignore those numbers," said Christensen.
July 24, 2020 0 Comments
Gold surges toward all-time high, silver ends at highest since 2013 as U.S.-China tensions mount

Gold surges toward all-time high, silver ends at highest since 2013 as U.S.-China tensions mount

Gold and silver rose further Wednesday, with silver ending at its highest since 2013, getting a boost after China said the U.S. had ordered it to close its Houston consulate, marking a further climb in tensions between the two countries and sparking demand for haven assets.
July 23, 2020 0 Comments

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