RE: Gold24 Mar 2020 12:04
The gold jump is correct in the circumstances with extremely low interest rate, cash in banks pays nothing, huge QE package by usa and others,big recession expected and stock market crashes ...then looking at the safest haven Gold is king now...
Risk averting by investors and everyone else and for us now rising gold price is not good for other unrelated stocks though historically gold prices more than not go up with oil price rises too..
Gold price goes down at present when covering margin calls in market volatility or recovery in stock markets be confirmed...
I think the gold top is $1700_1750 then down it goes again. Just imo.