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Gold at record high at $3.5k per ounce - is it time for you to invest?
Gold prices have shattered records as investors, unsettled by inflation and the policies of US President Trump, have increasingly sought safety from the economic turmoil in his wake. The precious metal, traditionally a haven for investors in times of uncertainty, climbed as high as $3,578.40 per ounce on Tuesday before settling back to $3,489.68. The price of silver was also up 1.8 per cent at $41.46 an ounce, streaking past $40 an ounce for the first time since 2011. Bullion has been on a charge this year having gained 32 per cent so far this year. “That’s not just a price tick; it’s the market’s confession ... (full story)
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Precious metal investors who hold gold assets are having a good day today. The king of precious metals, gold, has broken through an all-time high and is currently trading at over $3,551 per ounce as of the time of this writing. The milestone highlights a terrific year for gold so far. Here’s what you need to know and why gold just hit an all-time high. ...
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