Skip to content

Gold Near All-Time High

Posted by 1st American Reserve on

Gold is trading above $1,800 for the first time since September 2011, the month it set its all-time high. Friday’s Wall Street Journal proclaimed: “Gold Prices Head for Record Levels,” citing near record-low interest rates, high debt levels, high gold ETF demand, a recovery in China and uncertainty over the rise in COVID-19 cases and a potential decline in U.S. economic indicators. A weaker dollar also spurred the metals and other commodities markets, with silver reaching $19.38, its highest level since September of 2016.

Trackbacks

No Trackbacks

Comments

Display comments as Linear | Threaded

No comments

Add Comment

Enclosing asterisks marks text as bold (*word*), underscore are made via _word_.
Standard emoticons like :-) and ;-) are converted to images.
E-Mail addresses will not be displayed and will only be used for E-Mail notifications.
To leave a comment you must approve it via e-mail, which will be sent to your address after submission.

To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly.
CAPTCHA

Form options