Tag: gold prices
Yesterday, gold prices rose around 1%, or $15.90, following drone attacks on Saudi Arabia's Aramco oil facilities on September 14.
Gold has been benefiting from the US-China trade war. However, some observers, such as Jim Cramer and Citigroup, disagree on what's in store for gold.
As the trade war rages on, China's de-dollarization bid continues. The trade war is taking a toll on the US and Chinese economies.
Reports state that Hong Kong could withdraw its controversial extradition bill that sparked mass protests. This event could impact the US-China trade deal.
JPMorgan Chase suggests waiting until September before returning to stocks. The markets will likely make new all-time highs in the first half of 2020.
Today, bond yields are sinking and stock markets are tanking as markets become fearful of an upcoming recession.
In the last week or so, major indexes have plunged as the US-China trade war has quickly escalated, leaving investors rattled.
Gold prices received a boost after President Trump’s tweet that 10% duties would be levied on $300 billion of Chinese goods starting on September 1.
Agnico Eagle Mines (AEM) released its Q2 2019 results on July 24 after the markets closed.