Gold Price Hits $2,000 For First Time In A Year
Schwab Network
English - March 20, 2023 19:41 - 8 minutes - 93.5 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Gold price is holding above $2,000 with the financial system concerns. "Gold will play a safe haven in a portfolio amidst the banking crisis. Volumes are reaching 170B on a daily basis. Everything is interlinked with interest rates, U.S. Dollar, and the Federal Reserve. Gold performs extremely well as a financial instrument as a safe haven and a savings tool for economic growth," says Joe Cavatoni.