Wednesday, December 11, 2024

Tag: The Next Gold Bull Market Could Be Around the Corner

The Next Gold Bull Market Could Be Around the Corner

from Birch Gold Group:

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold hits 5-month high, Middle Eastern gold trends, and there’s a rate hike cycle going on, remember?

Gold nears $2,000 for the third time in three years

It’s not the most accurate thing to say, perhaps, from a technical standpoint, as gold has seesawed across that level quite a bit over the last three years. But in that time, there were three spectacles that brought gold to $2,000 from various sideways trades. Those were the lockdowns, the Russia-Ukraine war and now the conflict between Israel and Hamas.