ABC NEWCASTLE MORNINGS: THE GOLD RUSH
1 Articles
1 Articles
ABC NEWCASTLE MORNINGS: THE GOLD RUSH
I recently joined Paul Turton on ABC Newcastle to discuss the five key reasons behind why the price of gold has skyrocketing. The first reason being the volatility seen across the S&P 500, NASDAQ, ASX 200, and the Small Ordinaries Index. Additionally, interest rates in developing countries are declining – meaning investors are turning toward other assets (like gold). Thirdly, I highlight that gold is an inflation hedge, meaning its value tends t…
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