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Gold News Gold prices moved higher on Monday, as a weaker dollar and worries about the economic outlook boosted the precious metal. Spot gold was up 0.9 percent at $1,867.27 per ounce. U.S. gold futures rose 1.1 percent to $1,873.90. The dollar index fell 0.3 percent against a basket of currencies, making gold less expensive for holders of other currencies. Gold Articles The Benefits of Owning Gold Gold has been used as a form of currency for centuries and continues to be a popular investment today. Despite its intrinsic value, gold also offers several other benefits that make it a desirable asset. Gold is a hedge against inflation, has a long-term store of value, and its price is not affected by the fluctuations of the stock market. How to Start Investing in Gold Investing in gold can be a great way to diversify your portfolio and protect your wealth. Gold is a valuable asset that holds its value over time and can be used as a hedge against inflation. There are several ways to invest in gold, including buying physical gold, gold futures, gold ETFs, and gold mining stocks. Each method has its own risks
U.S. investment bank Goldman Sachs (GS) has lowered its forecast for the benchmark S&P 500 index for the second time in a month amid growing signs of weakness in the stock market. David Kostin, Chief U.S. Equity Strategist at Goldman Sachs, cut ...
With tariff fears, inflationary concerns a potential recession, and strong central bank buying, gold is at record highs above $3,100. From here, gold could rally to $3,500 says Bank of America. “Uncertainty around Trump Administration trade ...