According to Kitco News, the number of queries related to gold has increased on Google Trends. The surge in interest in the yellow precious metal began this summer, when concerns about the beginning of the recession grew, and the price rally reached $ 1,5
The famous American investor and analyst Mark Mobius recommends buying gold in an interview with Bloomberg. He believes that the price of gold will continue to rise, as the volume of paper money in the global economy will constantly increase.
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According to CNBC, in the face of negative debt yields, “solid” assets, such as gold, are again coming to the fore. Some experts believe that there are all conditions for the precious metal to grow to $ 2000 per ounce.
The world price of gold continues to trade at a maximum of the last six years. The growth driver for the precious metal is the escalation of the trade conflict between the United States and China, as well as concerns about the prospects for the global eco
The price of gold in Asian markets showed a decline after it became known that the US Federal Reserve lowered the interest rate, as expected the day before. But at the same time, a hint sounded that a further reduction in rates would not be long.