Select Page

Gold has welcomed mid-June with fresh gains, even though Wall Street has also rallied thanks to revelations that an existing steroid has been used to successfully treat coronavirus patients. That, coupled with another injection of liquidity by the Federal Reserve, has seen confidence return to Wall Street after a couple of dismal days last week, but has done nothing to dull the appeal of gold.

The precious metal was solidly up in trading yesterday (Tuesday), reaching $1,736.60. We could also see trading getting another boost in the very near future, as it is thought that more government support is on its way, including a $1 billion infrastructure project. Other nations have signalled their willingness to continue to inject stimulus too, including Japan which said this week it will begin to buy corporate bonds to aid its shattered economy.

Disclosure
This website is published by The Gold Safe Ltd, a Company registered in England and Wales with Company number: 11994725 a subsidiary of the United Kingdom Asset Company Ltd, a Company registered in England and Wales with Company number: 09784057 and is intended for information and promotional purposes only. The information provided in our free guide is not intended as an offer to invest and should not be construed as financial advice.

Fees: There are no fees for using this website or service.

Contact us: Tel: 0203 695 3400
Web: www.thegoldsafe.co.uk
Email: admin@thegoldsafe.co.uk

Address: 71-75 Shelton Street, Covent Garden, London WC2H 9JQ

All rights reserved copyright 2020 The Gold Safe Ltd

Follow us on:

    Wait! Before You Leave Download The 'Ultimate Guide to Gold Investing'
    FREE of Charge