MoneyWeek: Gold Price Hits New Record

By  MoneyWeek / August 20, 2024 / www.bullionvault.com / Article Link

LONDON, 20 August 2024 - Leading UK personal finance magazine MoneyWeek today quotes BullionVault data and comment in reporting the new record highs in global gold prices.

"Gold continues its momentum," says the magazine's latest update, quoting BullionVault's analysis, "[because] ahead of Friday's Jackson Hole speech, market consensus is for a more aggressive Federal Reserve rate cut, due to weaker US economic data."

Read the full story at MoneyWeek here:

Gold price hits record high - could it soar higher?

Recent News

Gold stocks rise but lag broader equity gains

January 20, 2025 / www.canadianminingreport.com

Wesdome, Seabridge and Skeena report outstanding drill results

January 20, 2025 / www.canadianminingreport.com

Smaller juniors still financed even in more cautious market

January 13, 2025 / www.canadianminingreport.com

Gold stocks shrug off equity market decline on metal gain

January 13, 2025 / www.canadianminingreport.com

Geopolitical risk outlook unclear after US election

January 06, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok