Gold has surged due to the pandemic — and it could keep going. Here’s what to know about investing now
“As global stock markets tick further into unchartered territory, another asset class has been catching investors’ eyes: Gold. Gold prices inched higher earlier this month to trade over $1,800 per ounce, crossing a major psychological milestone not reached since 2011. Now, as coronavirus uncertainty continues to push the precious metal higher, some experts are suggesting gold could hit record highs.”
USAGOLD note: CNBC offers a synopsis of recent events relative to the gold market including a rundown of how various financial institutions and other analysts view the metal’s future. Much of this is old news if you are a regular reader here. If you are new to the idea of gold ownership, though, this is a good entry piece that will bring you to update.