Cryptocurrency and stock markets both fell amid growing concerns on global economies and trade wars between big nations such as the U.S. and China.
There are warning signs that point to a looming financial crisis for Italy. Meanwhile, gold and the U.S. dollar both climbed, which rarely happens.
While the market did not buckle from events such as Italy’s budget woes and the Kavanagh hearings, trade wars, Fed rates hike, rising US dollars and...
Gold is expected to resume its bull market while Dow Jones needs new all-time highs.
Amid the long bull market run, will the stock market crash sharply in the coming months? Or will the rally continue until 2019?
The Dow has exceeded the highs it recorded in January while gold is slowly seeing higher prices.
The bull market is at its longest yet while Bitcoin remains unchanged, silver and gold do well, and oil rebounded strongly this week.
It seems that the gold price posted on August 15, at $1,165.50, is the bottom of its current decline.
Dow Jones can be expected to continue its upward trend in the coming months after closing higher last week while gold slides lower.
The four-month decline in gold and silver could mean that their prices are nearing their bottom, and the precious metals are ready to rebound.