Easing Worries Push Investors Out of Havens, Drive Stocks to New Highs - News Summed Up

Easing Worries Push Investors Out of Havens, Drive Stocks to New Highs


Investors are pulling back from positions in haven assets like gold, the Japanese yen and dividend-paying stocks, a sign of mounting optimism as recent developments ease long-held worries about trade and global growth. Gold prices have fallen around $85 a troy ounce from September’s six-year high and the value of assets held by the SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, are down nearly 7% from their October highs. Prices for silver are off nearly 15% from their September peak.


Source: Wall Street Journal December 15, 2019 10:30 UTC



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