Gold just hit $2,000 an ounce — but that’s not necessarily a good sign – NBC News
The price of an ounce of gold, which has already smashed through one record after another, recently hit $2,000 — a milestone that experts say could reveal a lack of confidence in the soaring stock market.
“Gold has become the safe haven of choice,” said Matthew Miller, an equity analyst at CFRA Research with a focus on metals and mining. “A lot of the stock market gains this year have just…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.