Is Gold Set to Shine?

Trade tensions and slowing global growth could spark a rally in the gold price as investors look to safe haven assets, but there are no guarantees

Marina Gerner 6 June, 2019 | 2:03PM

 

gold

Gold is an asset that thrives on bad news. But despite trade tension between the US and China, the shiny metal did relatively little in May, as it hovered around the $1,300/oz mark. In the first few days of June, the price for an ounce of gold inched up from $1,305 to $1,326. Is the yellow metal about to soar?

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About Author

Marina Gerner  is a freelance journalist

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