Gold price passed $2,000 USD per ounce for the first time on 4 August, 2020.
Gold $2,000 news
Gold price breaks past $2,000
“Gold’s mega rally took another upturn on Tuesday as it surpassed another major hurdle at $2,000 per ounce.
Spot gold advanced 1.4% to $2,004.97 per ounce by 3:20 p.m. EDT, after reaching an intraday high of $2,009.20 earlier.
Bullion has surged more than 30% so far this year and is one of the best-performing assets in 2020.”
After Covid-19, just how high will prices go in the 2020 gold rush?
“The precious metal has passed $2,000 an ounce and analysts believe it will rise a lot further.”
Gold price rises above $2,000 for first time
“Gold has topped $2,000 (£1,527) an ounce for the first time as traders look for havens amid the pandemic.”
Here’s why gold has topped $2,000 for the first time
“Gold reached a record high of more than $2,000 an ounce on Tuesday, as investors, spooked by a weakening dollar, volatility triggered by coronavirus and ever rising U.S. cases, continue to look for a safe haven to move their money into.”
Gold price rockets past $2,000 per ounce and it could keep going
“The metal’s spectacular rally is the result of a weakening dollar, which makes it cheaper for foreign investors to buy gold, as well as rock-bottom yields on other safe-haven assets like US Treasuries. Some investors also fear that trillions in unprecedented stimulus from central banks could feed long-dormant inflationary pressures, and are turning to gold for protection.”
Gold price hitting over $2,000 an ounce, helped by aggressive monetary easing
“The gold price continued to surge Wednesday after hitting a record $2,000 an ounce Tuesday, as investors seek for safe-haven assets amid the coronavirus pandemic and US-China tensions, experts said.”
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