Gold prices hit a record high, and chances are, they could keep rising
In the world of investments, gold is once again all the rage. On Monday, the spot price hit an all-time high of $1,945 per ounce in the intra-day trade after rising for seven consecutive weeks.
The coronavirus pandemic, which has battered economies around the world, and killed more than 648,000 people, has forced central banks to slash interest rates. Trillions of dollars have flooded the markets as part of stimulus programmes. Demand for gold generally goes up in times of uncertainty as people move savings to more secure assets that preserve their value for a longer duration.
In early June, gold enthusiasts were disappointed when the price plunged suddenly, mainly because of reports of improvement in US unemployment numbers. Indian households save roughly 30 percent of their income. A large part of that goes into buying gold. For many, that’s not even spending, but simply an investment to preserve their wealth.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Gold soars to all-time high as dollar dive adds fuel to record runGold prices jumped to record highs on Monday as an intensifying U.S.-China row hammered the dollar and cemented expectations that central banks would continue pumping out stimulus to ease the economic pain from a worsening coronavirus pandemic.
続きを読む »
Gold prices surge to record high amid coronavirus worries, U.S.-China tensionsGold prices touched record prices on Monday morning in Asia as worries over issues such as the coronavirus pandemic as well as U.S.-China trade tensions weighed on investor sentiment.
続きを読む »
Uncertainty pushes gold price to record $1,926 per ounceBEIJING (AP) — The price of gold surged to a record above $1,926 per ounce on Monday as investors moved money into an asset seen as a safe haven amid jitters about U.S.-Chinese tension and the...
続きを読む »
Unusually, copper and gold prices are rising in tandemDuring downturns, gold usually climbs because it is safe and copper declines in line with activity. Why is this crisis different?
続きを読む »
Stay The Hell Away From GoldThe precious metal has a lousy long-term record both as a store of value and an inflation hedge.
続きを読む »
Shea Couleé Was Destined for Drag Race All Stars GoldShea Couleé brought inventive looks with rich backstories behind them to season five of RuPaulsDragRace. (Warning: Contains spoilers!)
続きを読む »