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Learn about record gold prices and how economic disruptions influence people's choices to invest in gold or cash in on old jewelry.
Investors continued piling into gold after President Donald Trump again criticized Jerome Powell, the chair of the Federal Reserve.
As gold prices keep hitting record highs, Jefferies analysts said shares of companies that mine the precious metal could still have room to rise.
As economic uncertainty deepens worldwide, gold prices keep hitting record after record. That’s because interest in buying gold can rise sharply when anxious investors seek “safe havens” for parking their money.
While rising gold prices might mean precious jewellery may not be fully covered by your home insurance, the good news is you could make money from old trinkets lying around the house
Gold surged above $3,400 to a record high on Monday, as the dollar weakened and uncertainty over the economic impact of U.S.-China trade tensions spurred demand for safe-haven bullion.
Gold prices hit a record $3,400 an ounce, spurring a surge in jewelry sales nationwide. Jewelry stores and gold buyers are busier than ever as gold prices recently hit an all-time high — $3,400 an ounce — nearly double what it was just a couple of years ago. That surge has prompted many people to clean out their jewelry boxes and cash in.
Shoppers looking for fashionable fine jewelry have been undeterred by rising prices.
When their stocks lag - even as gold hovers near record highs - it smells like caution. Some analysts are still pounding the table, calling for $4,000 gold by next year. But others are warning ...
Gold prices erased early losses to steady on Thursday, helped by a weaker dollar and technical buying as investors await key U.S. economic data later in the day for further clarity on future interest rates.