Veteran Investor Bullish On Gold

Video Credit: Wochit News - Duration: 00:34s - Published
Veteran Investor Bullish On Gold

Veteran Investor Bullish On Gold

Gold is on the rise.

According to Business Insider, analysts do not see any sign in it slowing down.

Investor Barry Dawes of Martin Place Securities said that he expects gold prices to rise to $3,500 in the next 2 years.

"What is really significant is how quickly it went through that $1,923 which was the previous high," he said on CNBC.

Gold hit its highest ever level this week on a weakening dollar and rising tensions between US and China.

You Might Like

💡 One News Page Knowledge: Other News Mentions

CNBC CNBC American television business news channel

Kevin Systrom probably won’t take over TikTok, but it’s fun to dream

Illustration by Alex Castro / The Verge

This week was the deadline for ByteDance to divorce itself of TikTok over security concerns, but at press time..

The Verge
Will Stock Volatility Increase After Election? [Video]

Will Stock Volatility Increase After Election?

On Tuesday, Wells Fargo said stock markets should prepare for volatility to balloon after Election Day. Wells Fargo head of rates strategy Michael Schumacher told CNBC's Trading Nation that options are showing greater volatility. "The big takeaway is three month options vol is still quite high, and it has not really come down." According to Business Insider Schumacher thinks investors will flock to US Treasuries due to greater volatility. The US-10 year yield may fall to 0.40% from around 0.68%.

Credit: Wochit News    Duration: 00:29Published

CNBC host Jim Cramer calls Pelosi 'Crazy Nancy' in TV interview, defends himself after backlash

CNBC's Jim Cramer took to Twitter to defend himself after he faced backlash for the remark, arguing he was opposing the president's use of the term.

Pelosi wants House to stay in session until COVID deal reached

Pelosi told CNBC that the House was committed to passing an "agreement that meets the needs of the American people."
CBS News

Apple’s new App Store guidelines carve out loopholes for xCloud, Stadia, and other apps that Apple had blocked

Illustration by Alex Castro / The Verge

Apple has issued new rules for its App Store in an attempt to address many of the issues that have come up..

The Verge

Tweets about this