Spot gold smashes through $2,000 with haven seekers piling in
By Steven Frank and Yvonne Yue Li
Spot gold soared to a record above $2,000 an ounce as investors continue to seek a haven for their assets amid daunting economic and geopolitical risks.
Gold has rallied in the past year as the coronavirus pandemic prompts unprecedented amounts of stimulus to shore up economies, including lower rates, which are a boon for non-interest-yielding gold. Simmering…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.