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FinancialNewsMedia.com News Commentary
PALM BEACH, Fla., April 14, 2021 /PRNewswire/ Last year was a great year for gold… and experts expect more of the same in 2021 and beyond. Experts say the factors why it gained were: risk, rates and momentum. Gold was one of the best performing major assets of 2020 driven by a combination of: high risk; low interest rates; and positive price momentum - especially during late spring and summer. An article
in Gold.org said that Economic recovery and low interest rates set the tone. The article said: The COVID-19 pandemic raised uncertainty by compounding existing risks and creating new ones. But by the end of last year, investors were optimistic that the worst was over. Looking ahead, we believe that investors will likely see the low interest rate environment as an opportunity to add risk assets in the hope that economic recovery is on the immediate horizon. That said, investors will likely also be navigating potential portfolio risks
Why Wall Street Bankers Are Still Optimistic on Gold In 2021
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Why Wall Street Bankers Are Still Optimistic on Gold In 2021
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.