Gold is surging , amid a sell off in stocks

Share:

gold above 1200 an ounceGold is surging.

Amid a sell off in stocks, the precious metal is spiking, rising more than 1.5% in early trade on Wednesday to above $1,200 an ounce in a classic “risk off” trade.

Bonds were also rallying, with the yield on the US 10-year note falling to 1.86% and the 30-year falling to 2.48%.

Here’s the spike in gold on Wednesday.

Business Insider

Share:

Comments

One response to “Gold is surging , amid a sell off in stocks”

  1. 5thDrawer Avatar
    5thDrawer

    Ha Ha … you lose … :-))))

Leave a Reply

Your email address will not be published. Required fields are marked *