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Gold price today July 28: May not stop increase until hitting $4,000

Gold price today July 28: May not stop increase until hitting $4,000

09:14 | 28/07/2020

As gold price set an all-time high since 2011, surpassing $1,920 an ounce, analysts forecast the momentum would continue to $4,000 an ounce, Kitco cited Frank Holmes, CEO of U.S. Global Investors saying, basing on his prediction on the effects that monetary stimulus had on gold during the last recession.

Gold Price Today: Soared to 1,684 USD/ounce

Gold Price Today: Soared to 1,684 USD/ounce

10:29 | 10/04/2020

Gold Price Today April 10 rallied again as investors seek a store of value after the Fed said it’s pumping another $2.3 trillion in the US economy to stave off depression.

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