Gold Hits New Record With Trade
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Phillies, Bryce Harper and Rawlings Gold Glove Award
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This Gold Rush Is Ominous
When prices are high and global conflicts destabilize the world, some investors start looking backwards—away from an uncertain future and toward the predictability of the past. And what’s older and more dependable than gold?
Gold offers investors a hedge against an uneasy financial environment as policymakers weather the uncertain environment, analysts said. Stress in long-term bond markets and a devaluation of the U.S. dollar have unsettled alternative assets typically viewed as low-risk investments, they added.
Gold rose to another record high with spot prices reaching intraday highs of $4,242/oz this morning. Oil prices recovered some of the losses this Thursday morning as President Trump said India vowed to halt purchases of Russian barrels soon.
Gold smuggling into India has spiked ahead of key festivals, government and industry officials told Reuters, in response to record-high prices and a supply crunch.
Internet sensation IShowSpeed was honored with a gold medal by Olympic gymnast Suni Lee, marking a surprising crossover between sports and online entertainment. Fans are already buzzing over the unique recognition and what it could mean for his future projects.
Gold prices are on a historic rally but a business professor from Tulane University isn't convinced that the precious metal is a smart investment.
Gold Just Crossed $4,200 per Ounce. Here's How Much You Should Buy, According to Hedge Fund Legend Ray Dalio. Gold is a widely recognized store of value, so it's a popular hedge against inflation and economic uncertainty.
The value of gold and sterling silver is up, so now might be the time to start sorting through your old jewelry and coins.