Tag: ominous-portrait

Gold Futures Crushed as Investors Go to Treasurys

Investors today, who have been extremely fickle lately, have chosen to go to Treasurys as a place of safety rather than gold, driving the price of gold today down by $34.70, or $1,207.70 an ounce, as of 1:03 PM EDT.Economic data has painted a ominous portrait of economic conditions, and it’s weighing strongly on investors. Uncertainty about inflationary or deflationary pressures also influences

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