A Gold Correction Was Expected After Nine Straight Weeks of Gains
August 22, 2020 at 08:00 AM EDT
By Frank Holmes, CIO and CEO, U.S. Global Investors The price of gold had its first down week since early June, ending a spectacular nine-week rally, the likes of which we haven’t seen since 2006. The yellow metal briefly fell below $1,900 an ounce last Wednesday as stocks neared their all-time...