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Gold is standing out among all precious metals markets

From openmarkets.cmegroup.com

After a few years away from the spotlight, the gold market has finally reawakened. Its performance year-to-date is up nearly 20% as investors flocked to safe haven assets in the light of trade wars and geopolitical uncertainty. With the Federal Reserve turning dovish and yields falling across the board, the opportunity cost of investing and holding gold was also reduced. The metal finally broke through the $1,400/troy oz. barrier in June, a level which had not been breached since the gold market correction in 2013. The performance of gold in 2019 is stellar in its own right, but looks even more impressive relative to ... (full story)

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  • Category: Fundamental Analysis