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Gold price April 2024

dxhound2005 · 2024-04-09 13:41:46

Gold has hit a record high at over $2,360 an ounce. Seems to be geo political factors driving the recent climb. The BBC included the fact that there are a lot of elections this year. It was nearly as high in 1980 and again in 2011. But since 2011 it has gone below $500 on occasion. Not a reliable investment, but probably…

09-04-2024 1:41pm

#1

dxhound2005

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Gold has hit a record high at over $2,360 an ounce. Seems to be geo political factors driving the recent climb. The BBC included the fact that there are a lot of elections this year. It was nearly as high in 1980 and again in 2011. But since 2011 it has gone below $500 on occasion. Not a reliable investment, but probably better than Crypto in the longer term.
https://www.reuters.com/markets/commodities/gold-hovers-near-record-high-market-focus-turns-us-data-fed-minutes-2024-04-09/

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Comments

#2 09-04-2024 1:59pm

beachhead

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Will be interesting to which "goes" first Gold or Crypto. Gold is overpriced at the moment.Who knows about crypto until the next crash on a digital platform

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#3 10-04-2024 7:13am

marathonic

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I purchased some physical gold 2 years ago this week that's up about 20%.
However, at current prices, I'm tempted to sell some out of the money bear call spreads.

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#4 14-06-2024 8:56pm

clairek6

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where is best to sell gold in Ireland or even up north? Jewelers seem to only give scrap price.

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