Published: 2018.11.27. Fear of crisis is pushing gold prices up

Fear of crisis is pushing gold prices up - Preview

In a situation of uncertainty, gold manifests itself fully as a defensive asset for the preservation of capital. Other support factors for the yellow precious metal were the correction in the US stock market and the trade war between the States and China.

There are rumors in the financial markets about the beginning of the next financial crisis, which will be triggered by several factors at once, namely: rising interest rates, high risks of overdue loans, Italy’s budget crisis and rising debt in China.