Price of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to Capitulate
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On Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later, gold tapped a high of…
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15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the... [[ This is a content summary only. Visit my website for full…
The World Bank has said it expects the price of gold to rise by 3% in 2022 but warned the price might fall sharply if the Russian central bank decides to offload large quantities of the commodity.... [[ This is a content summary only. Visit my website for full links,…
Silver is making notable price progress as it has jumped above the $90 per ounce mark. At the same time, the market capitalization of silver has officially hit the $5T spot. As per the data from “The Kobeissi Letter,” this rally has raised silver by over 25% year-to-date. Hence, this…