What Gold’s Price Plunge Tells Us About the Record-High Stock Market

Gold price dropped by 4% as U.S. stock market hit record highs. Major U.S. banks including JPMorgan and Citibank closed positions on gold for more risky alternatives. Nobel laureate says geopolitical risks are over-estimated, making the environment better for stock market over gold. The gold price has dropped by 4% in the past nine days […]

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