Gold skyrockets 20% and reaches new high after 6 years

English Aug 18, 2019

In the last three and a half months, the value of gold has gone from $ 1,270 to $ 1,516, quoted last Friday (16/8). A high of about 20%.

Gold is considered a safe asset because it has no direct correlation with other assets. In times of crisis it is common to see gold prices go up while markets perform below expectations. This is a clear demonstration of caution and concern for the future of the economy in the medium term.

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Morel Hernandes

Writer passionate about politics, economics, blockchain and crypto-currencies.