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Gold Becomes Hugely Attractive as Other Assets Falter

Feb 10, 2019 09:44

Gold often has its day as an investment when other markets become dangerous. That time has come again. Assets classes from equities to fixed income, from commodities to real estate, have been shaken by a slowing economy and worry that global trade disputes could mute GDP improvement worldwide.

Gold already has rallied somewhat this year but should move toward its 6-week high soon. At $ 1316 an ounce, it is trading well above its minimum.

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