By Nigel Somerville | Sunday 26 July 2020
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
We are not quite at the all-time high, but Gold posted an all-time high last night in terms of its weekly close, is US dollar terms. We have moved a long way very fast: just 17 days ago the yellow metal cracked $1800 and only in March the price dipped below $1500. Year on year the price is up by around a third. I noted the other day the danger of a bit of a pull-back, but it hasn’t quite happened yet.
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