Shares Drop, Gold Surges As Investors Scurry For Safety

Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea, Italy and the Middle East.

Topics:  china   south korea   italy   middle   east   shares   gold   
BING NEWS:
  • Silver surges to highest settlement in 11 years, gold jumps as U.S. inflation cools
    Gold and silver prices surged to one-month and 11-year highs respectively, as US inflation data raised prospects of interest rate cuts.
    05/15/2024 - 11:10 am | View Link
  • 3 reasons to invest in gold as inflation cools
    Here are three reasons why you should consider investing in gold now, even after the new inflation numbers were released: ...
    05/15/2024 - 7:01 am | View Link
  • Will gold's price rise after this week's inflation report?
    March 2024: The inflation report released March 12 showed the rate increasing from January's 3.1% to 3.2% in February. By this point, gold had increased to $2,157.04 per ounce on March 12 and it ...
    05/13/2024 - 3:49 am | View Link
  • As Spot Gold Stalls Will Investors Turn To Gold Miners? This ETF Looks Ready To Break Out And Offers 2X Leverage
    Spot gold was trading flat Wednesday, continuing to consolidate in a sideways pattern after reaching record highs in April, partly propelled by China escalating its purchases of the commodity.
    05/8/2024 - 9:29 am | View Link
  • Gold holds ground as investors await US data for rate cut clues
    Gold steadied on Wednesday while investors awaited U.S. data for clues on potential interest rate cuts by the Federal Reserve, though a slight uptick in the dollar limited any upside.
    05/8/2024 - 6:28 am | View Link
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