Gold Doesn T News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Is the gold skid over? There are encouraging signs that the answer is yes. And, that’s great news for patient gold investors (especially those who bought the lows, as I recommended to my subscribers a few weeks ago). First, some facts. Gold hit an all-time high of $2,069 per ounce on August 6, 2020. Since then, it has been on the skids, despite occasional rallies. The low in this cycle was $1,678 per ounce on March 8, 2021. The reason for the skid was not hard to discern. It’s often the case that gold prices get pushed around by a number of factors, including real rates, nominal rates, ge...

Gold Is Right Is the gold skid over? There are encouraging signs that the answer is yes. And, that’s great news for patient gold investors (especially those who bought the lows, as I recommended to my subscribers a few weeks ago). First, some facts. Gold hit an all-time high of $2,069 per ounce on August 6, 2020. Since then, it has been on the skids, despite occasional rallies. The low in this cycle was $1,678 per ounce on March 8, 2021. The reason for the skid was not hard to discern. It’s often the case that gold prices get pushed around by a number of factors, including real rates, nom...