Gold to Retest 2011 Record Highs?

From scandinavianmarkets.com

Gold extended its gains early on Tuesday, rising to the highest price levels since November of 2012. The safe haven asset was lifted by fears over the economic fallout from the coronavirus pandemic and by the unprecedented stimulus unleashed by central banks around the globe. Last week the Federal Reserve announced programs that will provide $2.3 trillion to support small and mid-sized businesses and local governments. Federal Reserve Chairman Jerome Powell said on Thursday: “We are deploying these lending powers to an unprecedented extent…we will continue to use these powers forcefully, proactively, and ... (full story)