INFOGRAPHIC Gold – the largest weekly increase in the last 11 years

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INFOGRAPHIC Gold – the largest weekly increase in the last 11 years

The negative economic impact of coronavirs, indicated for several weeks by the decline of pro-cyclical goods, has finally spread rapidly in the rest of the market. Last week began with an urgent 50 basis point interest rate cut by the Federal Reserve, a move that has only strengthened the panic sentiment in the market. In a few days, global sovereign bond yields collapsed to a record low, gold and stock market volatility increased, and the dollar experienced significant selling pressure as long positions were liquidated.

https://www.profit.ro/profitul-tau/infografic-aurul-cea-mai-mare-crestere-saptamanala-din-ultimii-11-ani-19297643

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