Gold prices gleam amid Brexit and US shutdown uncertainty

Gold prices gleam amid Brexit and US shutdown uncertainty
 

The longest government shutdown in US history shows no sign of ending, Brexit is roiling Europe, trade wars are still in the offing and the stock market is acting like a spooked cat. And once again, gold is shining.
Gold often shines in times of trouble. The last time there was a showdown between a US president and Congress over government spending, gold prices shot up to an all-time high, about $1,925 an ounce. That was when a Republican-controlled House of Representatives, led by John Boehner, sparred with Barack Obama over whether to lift the debt ceiling or risk the US Treasury... read more

 
18 January 2019 in Business, Views: 10
Source: Guardian
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