View full page at metalsmine.com

 

Gold is the most expensive it's ever been, but analysts warn that a Biden presidency and a coronavirus vaccine could derail its record surge

From markets.businessinsider.com

Investors all across the globe have rushed to buy gold pushing the precious metal to its highest level ever, but analysts think the precious metal, which has been regarded as the darling of financial markets in recent weeks, is simply not pricing in a number of bearish scenarios which could cause the gold price to crumble. Yung Yu-Ma, chief investment strategist at BMO Wealth Management, said: "While a number of factors have converged in support of gold, the picture around year-end may show cracks." Gold is trading close to $2,000 per ounce after a diplomatic row between the US and China, the world's two largest ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis