Between Hormuz And the Fed: Gold Smashes $4,200 as Metal Hoarding Returns
Gold is having one of the best days of the year. The yellow metal has decisively broken the $4,200 per ounce barrier, signaling a likely close above the 50-day moving average – a key technical level.
Gold prices jumped above $4,200 per ounce, which is a big milestone that people watch. When gold goes up fast like this, it usually means people are worried about money or the world and want to own something safe.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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