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Category: Gold

Gold Up Over Weak Dollar and Increasing COVID-19 Worries

Gold Up Over Weak Dollar and Increasing COVID-19 Worries

Gold was up on Tuesday morning in Asia, with investor turning to the safe-haven asset as the dollar weakened and COVID-19 worries increased. Gold futures edged up 0.13% at $1,941.80 by 12:34 AM ET (5:34 AM…

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Stay The Hell Away From Gold

Stay The Hell Away From Gold

The oft-quoted line from the Merchant of Venice is apt: “All that glisters is not gold.” But gold lately has been doing a lot of glittering. As the price per ounce soars to its all-time high, the question…

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A Booming Gold Price Will Have Consequences

A Booming Gold Price Will Have Consequences

Gold prices have shot to nearly $1,900 per ounce in the past week, a nine year high and the seventh consecutive week of growth for bullion. But in this Covid gold rush investors could be…

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Gold’s 24% run attracts the attention of younger investors 

Like clockwork, the price of gold continues to climb with every new sign that 2020 is going to be a uniquely disruptive year for the markets, the economy and society in general. The precious metal…

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Gold Price Hits New 7-Year High: Could 1900 Be Next?

Gold Price Hits New 7-Year High: Could 1900 Be Next?

Investors anticipating the effects of inflation — or maybe just alarmed about pandemics and politics in general — are taking the classic fear gauge to a 7-year high. The price of gold hit the 1870…

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Investors Aren’t Afraid Of Gold Price Reaching A Record High

Investors Aren’t Afraid Of Gold Price Reaching A Record High

Gold prices are extending their gains and currently trading at $1,875. Gold price is up nearly 23% year-to-date. The positive trend in the gold spot prices is chiefly due to the escalation in the geopolitical tensions and uncertainty over…

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Dow Jones: Second Stimulus Package Talks Begin Today; Coronavirus Stock Market Rally Stalls

Dow Jones: Second Stimulus Package Talks Begin Today; Coronavirus Stock Market Rally Stalls

Dow Jones futures are starting the week on the back foot as traders are unsure about the coronavirus stock market’s direction. Investors need to brace themselves for a raft of earnings reports and figure out how the…

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Hedge fund manager predicts gold will top $3,000 an ounce 

Hedge fund manager predicts gold will top $3,000 an ounce 

The head of the $450 million Quadriga Igneo fund says unprecedented monetary stimulus is fueling asset bubbles and corporate debt addiction A hedge fund manager who returned 47% this year by betting on gold and…

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Gold remains attractive investment option, Despite latest surge

Gold remains attractive investment option, Despite latest surge

After declining 5.4% from the peak reached on May 18, gold is again flirting with the key resistance level and recent multi-year high of $1,764. The resurgence in the precious metal price has coincided with…

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Dash Investment Foundation Buying Gold as Part of Rebalancing Strategy

Dash Investment Foundation Buying Gold as Part of Rebalancing Strategy

The Dash Investment Foundation, which claims to be the first ownerless and memberless investment fund in the world, recently bought its first shipment of physical gold. This move, announced Friday, marks the launch of its Dash-to-gold rebalancing…

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