Gold tops $3,000. Here’s what investors joining the gold rush need to know.
The value of gold has nearly doubled in the past five years, crossing the $3,000-an-ounce threshold for the first time ever late Thursday — and the precious metal’s latest move may be signaling a structural shift in the sector that may feed long-term strength.
Factbox-How investors buy gold and what drives the market
Gold prices breached the $3,000 mark for the first time on Friday, hitting an all-time high for the 13th time this year, with trade war concerns fuelling safe-haven demand for the metal. Bullion prices touched $3,
Gold Tops $3,000 For First Time
Gold futures rose to new highs in late trading, with benchmark futures exceeding $3,000 a troy ounce for the first time. Gold prices have risen sharply over the past year amid geopolitical uncertainty,
Gold has already topped $3,000. Here’s what it needs to go up another 16%.
Gold’s climb to an all-time high above $3,000 an ounce this week certainly turned heads, but the value of the precious metal is still around 16% below its real record high from 1980.
Gold Nears Historic $3,000 Mark: What It Means for Investors
Gold prices surged to an all-time high on Friday as investors turned to the precious metal amid rising trade tensions and economic uncertainty. The possibility of monetary policy easing by the US Federal Reserve also added to gold’s appeal.
Klondike Gold Rush historic site in Seattle could close, advocates say
Klondike Gold Rush National Historical Park unit in Pioneer Square is one of 34 national park office leases the ...
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Why there’s now ‘incredible demand for physical gold’ in New York markets
A rush on physical gold, thanks to President Donald Trump’s tariff plans, has fueled a rise in prices of the precious metal to fresh record highs. There are many demand drivers in gold currently ...