A weak US dollar, a possible war between the US and North Korea or the impeachment of Donald Trump could result in one of the longest-ever rallies for gold, according to precious metals expert Jim Rickards. Continue reading Gold Price Could Smash $10,000 on Crashing Dollar, etc. | Jim Rickards
Gold prices have soared on the recent wave of global volatility with stock market crash in China and the Swiss national currency turmoil, exceeding $1,300-1,320/oz.
© REUTERS/ Leonhard Foeger
MOSCOW, January 19 (Sputnik), Kristian Rouz – One of the top-valued metal commodities and a universal monetary equivalent, gold, is heading to exceed the psychological threshold of $1,300/oz., as investors in Asia-Pacific and Europe are gravely concerned with the sudden fluctuations in the Swiss national currency’s FX rate and today’s crash in mainland China’s stock markets.