How to find the gold you want for your next investment

How to find the gold you want for your next investment

July 24, 2021 Comments Off on How to find the gold you want for your next investment By admin

Gold prices have rallied in recent days following a drop in global demand, as investors seek higher returns for their cash amid fears that global trade could stall.

In a report posted Wednesday, the International Monetary Fund (IMF) said the global economy is in a strong state and growth is expected to pick up as the world gears up for a meeting in December of the G20 finance ministers in China.

The IMF said China, the world’s largest economy, is leading the way with the world economy in the fourth quarter growing at a solid 7.9 percent.

That compares with 6.7 percent in the first quarter of this year.

The country’s rapid recovery from the global financial crisis and the rapid recovery of its manufacturing sector is contributing to strong growth, the IMF said.

The world is on track for its biggest peacetime growth rate in six years.

The U.S. dollar has risen to its highest level since August 2014.

The U and the euro have gained against the dollar, while the pound is trading at around $1.3070.

Gold futures settled up 0.5 percent at $1,280.20 an ounce in New York.

The euro rose 0.2 percent to $1 .2312.

The dollar was trading near its lowest level in almost three weeks.

The yuan fell to its weakest level in nearly three months on Wednesday after falling as much as 3.4 percent in Asian trading after the IMF released its latest global growth forecast.

The yuan traded at 0.819 yuan per dollar.

The pound fell 0.3 percent against the euro to $0.7242.

The Japanese yen fell 0 .2 percent against a basket of currencies to 101.4 yen per euro.

The euro was trading at $0 .6375, its lowest since August 20.

The yen rose to ¥0.8123 per euro against the greenback.

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