As concerns over the effects of coronavirus on the market grow, institutional investors have no choice but to remain in the market as they grow, and they need something to insure this from coronavirus and all other problems.
Gold easily satisfies this problem of investors, trading above its maximum of $ 1,613.30 - the highest level since March 2013.
We are currently in a situation where stocks are too expensive and bond yields are too small. Therefore, gold is a profitable tool not only for traders, but also for investors.
According to analysts at the international bank Citigroup, the idea of investing in gold is pretty good, and they forecast growth of #XAUUSD to $ 2000 this year.
*broker note: gold trading is available on all types of accounts.
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Gold easily satisfies this problem of investors, trading above its maximum of $ 1,613.30 - the highest level since March 2013.
We are currently in a situation where stocks are too expensive and bond yields are too small. Therefore, gold is a profitable tool not only for traders, but also for investors.
According to analysts at the international bank Citigroup, the idea of investing in gold is pretty good, and they forecast growth of #XAUUSD to $ 2000 this year.
*broker note: gold trading is available on all types of accounts.
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[URL deleted]
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