Gold Price Hits All-Time High
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Economic data have remained strong this year, but researchers warn that lower confidence and heightened uncertainty could soon translate into less spending and slower growth.
From Investopedia
Gold, traditionally seen as a hedge against geopolitical and economic uncertainties, closed out its strongest quarter since 1986 on Monday, and climbed over $3,100/ounce, marking one of the most signi...
From Reuters
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The price of gold rose Wednesday but was trading below its record high reached in the previous session, perhaps suggesting global market fears have eased slightly. Gold futures have been a good indicator of broader market sentiment recently,
Bullion hit a new high on Monday — and some analysts think rising demand and uncertainty mean prices could go as high as $3,500 an ounce this year.
Rae Hartley Beck first started writing about personal finance in 2011 with a regular column in her college newspaper as a staff writer. Since then she has become a leader in the Financial ...
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Zacks Investment Research on MSNGold Prices Trend Above $3,000 an Ounce: Watch These 4 StocksGold has gained 15.7% so far this year, currently trading near $3,030 per ounce. Gold futures hit a record of $3,065.20 per ounce yesterday. The metal is being supported by dovish signals from the Federal Reserve and safe-haven demand.
As recently as January, experts predicted that gold might reach the symbolically significant threshold of $3,000 an ounce by the end of the year. In reality, it only took until March 14 to hit that benchmark. It’s continued to tick upward in the days since.
Gold is a precious metal and is considered an attractive investment option. The gold prices in India fluctuate as per market situation and are keenly monitored during the time of trading.