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Can Gold break its 7 year high record?
Trade on Gold – up by 6% – since April 1st!
There are 4 key indicators that will more than likely continue to push Gold prices higher in April:
Increased investor demand, monetary policy and fiscal stimulus, negative real yields and uncertain economic outlook. Besides that, continued uncertainty regarding the impact of Covid-19 on economic growth should also help support the precious metal. Oil also started showing signs of recovery (up by 5% today),
but still depends on additional factors before it can be determined as a solid uptrend