Gold Prices Maintain Traction as Economies Begin Recovery
Gold Prices Maintain Traction as Economies Begin Recovery - FinancialBuzz.com News Commentary Share this article Share this article NEW YORK, May 14, 2021 /PRNewswire/ -- Gold prices breached the USD 1,800 mark earlier this month, for the first time since February. Despite the recovering economy and lower number of COVID-19 cases in the U.S., the government is still injecting liquidity into the financial system, as fiscal and monetary stimuli are being implemented. These measures, which are meant to help bring the economy back to pre-pandemic highs, have consequences, specifically the devalu...