Unprecedented stimulus has led some countries to focus on a green recovery with more renewables and lower emission vehicles. One policy response to the COVID-19 pandemic has been a determination to use fiscal stimulus to ...The post Green Metals See A Boost on COVID-19 Response appeared first on Emerging Market Views.
Gold has had a fantastic year so far in 2020, with its price climbing from around $1,500 per ounce at the end of 2019 to briefly above $2,000 per ounce recently. Other precious metals have seen similarly impressive gains: Silver went from around $18 per ounce to $29 in 2020, and palladium soared to new record heights above $2,750 per ounce before falling back more recently. There are plenty of gold investors who have ridden the wave higher and are looking to cash in.
The gold futures contract gained 0.48% on Thursday, as it extended Wednesday’s advance of 0.6%.