Precious metals are known as hedges against inflation, as their value moves against the value of stocks, bonds, and mutual funds. However, the market is volatile and investors have to be careful before they decide to invest in certain precious metals assets or companies.
This article contains 3 precious metals that you should invest in as they have proven to be strong against the 2020 unstable economic status.
Bank of Nova Scotia or Scotiabank has agreed to pay $127.4 million to settle the US CFTC charges for involving in spoofing.
The United States CFTC received almost 40% more regulatory penalties and payments in fiscal 2019. But the total enforcement actions decreased.
Gold ended another week with gains as investors welcomed the ECB announcement of stimulus measure with most notably XAU/EUR hitting its highest level.
Gold ended lower for a second straight session, as renewing U.S. dollar strength and the target range of an interest rate hike later this year, sets the precious metal up for weakness
Gold marks first monthly gain in four months.
CFTC has filed an Order against precious metals fraud scheme performing individuals. They were using a 'bait-and-switch' technique.