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Gold Scores a Solid 1st Quarter Performance

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Gold Scores a Solid 1st Quarter Performance
Gold investment concept. Illustration of growing bar chart.

Full Article: Gold Scores a Solid 1st Quarter Performance

By: Gary Wagner

While closing lower on the week and higher on the day, one only needs to stand back to see the respectable performance in gold prices this year. Gold closed out the month of April with a moderate gain of 1%. This came following a dismal performance in March, in which gold prices closed relatively unchanged, gaining roughly 1 dollar during the month.

It was January and February in which market participants witnessed the greatest gain in gold pricing this year, with gold gaining roughly 8%. However, gold prices altogether increased approximately 9.4% during the first quarter of this year. Despite this respectable gain of 9.4%, the U.S. economy grew only 0.7% in the first quarter.

Full Article: Gold Scores a Solid 1st Quarter Performance

By: Gary Wagner

 

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