Gold (GC=F) is under pressure after nearly reaching the $2,000 mark. A big buyer of gold has been central banks and it is possible that, in 2023, those purchases could exceed those from last year. Yahoo Finance’s Jared Blikre deep dives into recent history of purchasing trends of central banks and the possible impact of the Mideast conflict on the market.For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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HA! You’d be a FOOL to buy gold these days when Bitcoin is available. Get real!
I have heard that same phrase when Bitcoin traded around 60k…
Thanks bud for keepin us financially
Educated! Regardless of how bad it gets on the economy, I still make over $20,000 every single week.🎉🎉🎉🎉❤🎉❤🎉❤
The problem with gold and silver is there is no exchange or bank to sell it. Once you buy it you have to find someone willing to buy it from you when you need the cash. There is no way to get market value.
There is no second best.