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The Price of Gold Rises on Favorable Indicators

The Price of Gold Rises on Favorable Indicators FinancialBuzz.com News Commentary NEW YORK, April 9, 2021 /PRNewswire/ -- The gold price grew to cross the USD 1,750 an ounce mark on Thursday on several indicators that the yellow metal is once again in demand as a safe haven asset. According to a report by Kitco, after a pause in central bank gold buying last year, there are signs that demand for gold grows as Hungary tripled its gold reserves. Hungarys central bank increased its gold reserves t...
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