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Gold-buying app sees 718% spike in volume as coronavirus volatility drives investors to havens

Gold buying apps, which allow customers to buy and use the precious metal for everyday spending, are seeing record volumes as customers flock to the safe haven currency amid violent market swings on fears of a global economic recession......»»

Category: topSource: marketwatchMar 24th, 2020

Metals Stocks: Gold prices end at highest in over a week as coronavirus spread fuels safe-haven buying

Gold futures mark their highest settlement in over a week on Thursday, supported by weakness in the U.S. dollar, stocks and a slide in government bond yields as investors continue to worry about the outbreak of COVID-19 and its economic implications......»»

Category: topSource: marketwatchMar 5th, 2020

Stocks slip as coronavirus fears spur safe-haven buying

Global equity markets slumped on Friday as the fast-spreading coronavirus drove investors into safe havens, with gold hitting a fresh seven-year high and the yield on the 30-year U.S. Treasury bond sliding to an all-time low......»»

Category: topSource: reutersFeb 21st, 2020

Stocks slide as coronavirus fears spur safe-haven buying

Global equity markets slumped on Friday as the fast-spreading coronavirus drove investors into safe-havens, with gold hitting a fresh seven-year high and the yield on the 30-year U.S. Treasury sliding to an all-time low......»»

Category: topSource: reutersFeb 21st, 2020

Precious Metals Set to Keep Powering Ahead

Precious metals got off to an explosive early start to 2020 as tensions between the U.S. and Iran drove safe-haven buying. Of.....»»

Category: bullionSource: goldsilverworldsJan 26th, 2020

Stocks march back to record highs as Middle East tensions ease

World stocks set new record highs on Friday and the prices of safe-haven assets such as gold pulled back as investors cheered an apparent de-escalation in U.S.-Iran tensions and looked instead toward prospects of improved global growth......»»

Category: topSource: reutersJan 10th, 2020

Stocks march higher as Middle East tensions ease

World stocks set new record highs on Friday and the prices of safe-haven assets such as gold pulled back as investors cheered an apparent de-escalation in U.S.-Iran tensions and looked instead to prospects of improved global growth......»»

Category: topSource: reutersJan 10th, 2020

Bitcoin as a Safe Haven? US-Iran Tensions Rekindle Debate

Bitcoin’s recent price jump after the U.S. killing of a top Iranian official has rekindled a long-running debate among investors: whether it will work as a safe-haven asset like gold in times of heightened geopolitical and economic turmoil......»»

Category: forexSource: coindeskJan 6th, 2020

Gold surges on Mideast risk but stocks pare losses

Gold prices shot to almost seven-year highs on Monday as a spike in U.S.-Iranian tensions spurred demand for safe-haven assets and pushed a gauge of global equity markets lower, but shares on Wall Street rebounded on a less worrisome view of events......»»

Category: topSource: reutersJan 6th, 2020

Gold surges as investors assess Mideast risk; stocks fall

Gold prices shot to almost seven-year highs on Monday while yields on U.S. Treasury and euro zone government debt fell as escalating U.S.-Iranian tensions spurred demand for safe-haven assets......»»

Category: topSource: reutersJan 6th, 2020

Wall Street rattled by Middle East tensions, energy shares jump

U.S. stocks fell for a second session on Monday, led by financial and technology stocks, as escalating tensions between the United States and Iran pushed investors toward safe-haven assets such as gold and government bonds......»»

Category: topSource: reutersJan 6th, 2020

Stocks wipe out new year gains; gold, oil soar on U.S.-Iran threat

Tensions in the Middle East after the United States killed an Iranian general erased new year's gains for world stocks on Monday as investors pushed safe-haven gold to a seven-year high and oil jumped to its highest since September......»»

Category: topSource: reutersJan 6th, 2020

Gold, oil soar, shares slip as U.S. and Iran rattle sabers

Tensions in the Middle East after the killing of a top Iranian general by the United States pushed an index of Asian shares off an 18-month high on Monday as investors pushed safe-haven gold near a seven-year high, and oil jumped to four-month peaks......»»

Category: topSource: reutersJan 6th, 2020

Oil, safe havens surge after U.S. strikes kill Iran commander

Oil prices surged as much as $3 a barrel as gold, the yen and safe-haven bonds all rallied on Friday after the U.S. killing of Iran's top military commander in an air strike in Iraq ratcheted up tensions between Washington and Tehran......»»

Category: topSource: reutersJan 3rd, 2020

Metals Stocks: Gold settles at 4-month high as Middle East tensions drive haven buying

Gold futures soared on haven-related buying Friday after a U.S. airstrike killed a top Iranian military commander, sparking a vow of vengeance from Tehran and a stock-market selloff amid fears of an escalating conflict......»»

Category: topSource: marketwatchJan 3rd, 2020

Gold settles at 4-month high as Middle East tensions drive haven buying

Gold prices closed at a 4-month high after a U.S. air strike in Iraq killed Qassem Soleimani, a top Iranian military leader and a key architect of Tehran's rising influence in the Middle East, prompting a vow of.....»»

Category: topSource: marketwatchJan 3rd, 2020

Oil, safe havens surge as U.S. strikes kill Iranian commander

Oil prices rose over $2 a barrel and gold and other safe-haven assets jumped on Friday, as the U.S. killing of a top Iranian commander in an air strike in Iraq ratcheted up tensions between the two powers......»»

Category: topSource: reutersJan 3rd, 2020

Metals Stocks: Gold pulls back from its highest levels since 2013 as the stock market inches higher

Gold prices fall Thursday, pulling back from their highest levels in more than six years, as haven-related buying took a pause with stocks looking to recoup some of the ground lost in the previous session’s rout......»»

Category: topSource: marketwatchAug 15th, 2019

Gold soars to six-year high as trade, as Iran tensions mount

Gold soared to almost a six-year high on Tuesday on escalating U.S.-Iran tensions and U.S.-Sino trade anxiety, leading traders to pile into safe-haven government debt and to snap up the yen and Swiss franc at the expense of the dollar......»»

Category: topSource: reutersJun 25th, 2019

Gold climbs toward 6-year peak on heightened US-Iran tensions, dovish central banks

Gold prices hovered near a six-year high as dovish signals from major central banks and heightened tensions between the United States and Iran boosted demand for the safe-haven metal......»»

Category: topSource: foxnewsJun 24th, 2019