Top Stories

Why gold has become a ‘weapon of choice’ for investors


Gold prices have climbed to their highest levels in nearly nine years, with the precious metal seen as a ‘weapon of choice’ for gold investors dealing with pandemic-related uncertainty in the stock market, clearing the path to a fresh record in the second half of the year.

In Wednesday trading, the most-active August gold futures contract

was up $13.20, or 0.7%, at $1,823.10 an ounce after tapping a high of $1,829.80. Futures prices haven’t traded or settled at levels this high since September 2011.

The settlement record for most-active gold futures stands at $1,891.90 from Aug. 22, 2011, based on records going back to…


U.S. surpasses 3 million cases, Phoenix mayor calls for testing surge

Previous article

Dividends plunge $42.5 billion in worst quarter since Great Recession

Next article

You may also like

Leave a Reply

Notify of

More in Top Stories