Gold Jumps to Biggest Week in 11 Years
Investing.com – Gold jumped almost 7% on the week, its biggest weekly gain in 11 years, as the yellow metal’s prices neared $1,700 per ounce amid growing fears over the coronavirus contagion that drove investors worldwide toward safe havens.
Gold futures for April delivery on New York’s COMEX settled up $4.40, or 0.3%, at $1,672.40 per ounce. For the week, gold futures jumped 6.7%, their biggest weekly gain since 2009. April gold earlier hit a session high of $1,690.65, coming less than $10 of gold bugs’ target of $1,700.
Source: Investing.com
Trending Articles
by
on
Airline Stocks Have Gotten Rocked by Coronavirus….
by
on
UBS tops forecast on investment banking results
by
on
Apple price target raised to $400 at Deutsche Bank
by
on
The Nasdaq isn’t just beating the Dow and S&P 500
by
on
These 5 Giant Stocks Are Driving The U.S. Market…
by
on
This ‘world-class disruptor’ is this the next Netflix?
by
on
Nasdaq earnings expected to benefit from tech rally
by
on
Wirecard administrator sees interest from buyers
by
on
Alibaba says cloud unit to recruit
by
on
Closed Apple Stores could change iPhone buying…
by
on
Shares of Boeing Co. BA, -3.47% rallied nearly 12%…
by
on
Big Tech’s big test arrives in the busiest…
by
on
Gold storms past $1,800 towards new record high
by
on
Dow surges 320 points, briefly retakes perch at…
by
on
Nasdaq trades in record territory as technology-related shares rise, S&P 500 flips positive
by
on
What happens after the S&P 500’s best quarters…
by
on
Fed warns stock market of a second recession if…
by
on
Asian Stocks Are Mostly Down At The Start Of…
by
on
China’s Investment in Australia Falls to
by
on
Yuan surges as investors bet on China revival
by
on
Nissan secures $7.8 billion from creditors…
by
on
Why stocks don’t seem worried about COVID…
by
on
Gold soars to record high, stocks stay uncertain
by
on
Netflix pulled off a showstopper early…
by
on
Gold Pierces $1,900 First Time Since 2011…
by
on
This chart might have you rethinking investment
by
on
Market’s hot streak is just beginning…
by
on
what’s in store for stocks through Election Day…
by
on
Shares of Hertz Global Holdings Inc…
by
on
Twitter shares stumble after unprecedented hack
by
on
88 Stocks Moving In Friday’s Mid-Day Session…
by
on
Why stocks don’t seem worried about COVID…
by
on
Uber scoops Postmates for $2.65 billion in delivery
by
on
Morgan Stanley posts record profit on trading boom
by
on
JPMorgan Says Giant Volatility Product May Rise…
by
on
Goldman Sachs confirms $3.9 billion settlement…
by
on
Crude Oil Prices Fall on Fears of Fresh Lockdowns
by
on
Ryanair to Cut Back Flights to Italy…