If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

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…

Options

09-04-2024 2:41pm

#1

dxhound2005

Registered Users Posts: 20,507 ✭✭✭✭

Join Date: March 2007

Posts: 20096

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/

0

Comments

Options
#2 09-04-2024 2:59pm
beachhead

Registered Users Posts: 2,294 ✭✭✭

Join Date: June 2011

Posts: 2277

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

0
Options
#3 10-04-2024 8:13am
marathonic

Registered Users Posts: 1,662 ✭✭✭

Join Date: April 2006

Posts: 1518

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.

0