Monday, May 25, 2020

What is next for the Price of Gold?


Vantage Point Trading https://ift.tt/2Zyb6CG

Gold is more than a commodity for investors looking to hedge the risk in a portfolio. Viewed as a safe-haven in times of crisis, its role in a portfolio is to balance the fall in equities or other risk-associated market moves.

The price of gold broke higher since the middle of 2019. After six years of consolidation, it moved above $1300 and did not look back till the current $1700, with threats of breaking the…

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