Tuesday , 19 October 2021
Breaking News
Home » Business » U.S. Gold Hits Record High

U.S. Gold Hits Record High

The Gold is getting hotter by the day. In US the gold has hit a record high price of above $1300 an ounce.

Gold is indeed shining at all times

Gold is indeed shining at all times

Thanks to the failing markets and low confidence in market, people are now turning to Gold for refugee. Investors are now eying the Gold for their investments. This is increasing the demand and shooting the price up.

U.S. gold futures ended higher on Friday, hitting a record above $1,300 an ounce on worries over economic uncertainty after the Federal Reserve raised expectations of new measures to stimulate growth.

Gold’s attraction as a hedge against inflation increased after data showed new orders for a wide range of long-lasting U.S. manufactured goods rose in August and business spending plans rebounded strongly.

Gold has risen more than 4 percent this month and hit record highs in six of the last seven sessions.

Related stories:

Glenn Bleck opens The blaze website
U.S Forces have Killed Osama Bin Laden
Eat Chocolate! Protect your Heart!
Andy Rooney Dies at 92
Time Magazine Person of the Year 2011 is 'The Protester'
Micron CEO Appleton dies in plane crash, Shocks Industry
American Average Net Worth Falls 40% in 3 Years!!
Apple Remember Steve Jobs on First Death Anniversary