News / Gold

The gold stocks’ race continues. For Alphie, the Fed rate hike makes investors to focus on gold.

Dic 20, 2018 - 12:26 GMT+0000

Wall Street has closed with heavy losses after the Fed raised interest rates, thus making stock indexes fall. Few times Wall Street has failed the Christmas rally. Since the 2007 crisis, only in 2014 and 2015, the indexes close the year down, and the 2018 December is seeing a decline of about -7% of both the big companies of Dow Jones Industrial and S&P500, and the Nasdaq securities. It seems that investors are moving their capital to defensive assets and refugees. In particular, gold is one of the assets that continue to be appreciated according to alphiewealth AI, which confirms the upward…

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