When will the US go to gold?
Posted On July 18, 2021
Posted September 30, 2019 06:15:31Today’s gold prices have surged to a new record high and the US dollar is up nearly 3% since the start of September.
The gold price index for September 2018 rose nearly 11% to $1,200 an ounce, while the U.S. dollar rose nearly 2% to 86.75 cents US.
That’s a record high for gold and a gain of almost 5% since mid-September.
Gold has gained more than 4,000% over the last 15 years.
On Friday, the US government reported that the nation’s first full week of fiscal 2018 was the fourth-best in the nation since 1929, the first full month of the Great Depression.