Wednesday, February 20, 2019

TheStreet: Gold Rises as Investors Panic and Pile Into Bullion

By SIMON CONSTABLE


Gold prices were rising again as scared investors seek refuge from paltry bonds yields.
The metal recently fetched $1,344 a troy ounce, a level it hadn't seen since April 2018, or 10 months ago, according to data from Bloomberg. Its also rallied more than 14% since the low of $1,174 in August. The SPDR Gold Shares exchange-traded fund, which holds bars of solid bullion, performed similarly. Read more here.


Photo by Zlaťáky.cz on Unsplash

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