Categories
Uncategorized

Gold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

While the price of bitcoin has surged during the first few days of October, the price of the precious metal gold has also increased percentage-wise as the U.S. dollar and the country’s 10-year Treasury yields slid in value this past week. An ounce of fine gold exchanged hands this weekend for $1,760 per unit, up 1.32% since September 29. Gold Spikes More Than 1% This Past Week, Metal’s Rise Attributed to a Soft Dollar, US Default Fears, the Fed’s Upcoming QE and Benchmark Rate Decisions After the end of September,…

The post Gold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction appeared first on Technology Manias.

Leave a Reply

Your email address will not be published. Required fields are marked *