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01.05.2020 Gold Daily Analysis

Gold is trading $1,682.30 as the stock market saw a good week due to earnings reports and S&P 500 seeing its best month since January 1987.

Yazar: editor_1

Yayınlanma: 1 Mayıs 2020 19:09

Güncellenme: 8 Kasım 2024 04:02

01.05.2020 Gold Daily Analysis

Gold is trading $1,682.30 as the stock market saw a good week due to earnings reports and S&P 500 seeing its best month since January 1987. Investors have been selling off gold and buying into the recovering stock market although it is still very volatile due to the pandemic. With the global economy starting to reopen, analysts expect to see gold continue going down since gold seems to strive in the midst of economic turmoil due to it`s safe haven status.

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