Commodities Corner: Why gold has become a ‘weapon of choice’ for investors

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“Gold prices have climbed to their highest levels in nearly nine years, with the precious metal seen as a ‘weapon of choice’ for gold investors dealing with pandemic-related uncertainty in the stock market, clearing the path to a fresh record in the second half of the year.”
“In Wednesday trading, the most-active August gold futures contract GCQ20, -0.00% was up $ 13.20, or 0.7%, at $ 1,823.10 an ounce after tapping a high of $ 1,829.80. Futures prices haven’t traded or settled at levels this high since September 2011.” MarketWatch

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