07 August 2020
This week, the attractive assets for investors – gold and silver – have risen in value at a record in many years. For example, gold on August 6 has been trading at $2053, and silver on August 7 has been trading at $29.7.
Against the background of the current situation in the global economy, these instruments can allow traders to stay afloat and earn. Experts predict that precious metals will continue to rise.
Here are the recommendations our analysts give:
US President Donald Trump has signed two executive orders prohibiting any transactions with the owner of the TikTok and WeChat apps. Also, a ban was introduced on any new investments of American pension funds in shares of Chinese companies, and current positions must be closed. Geopolitical tensions between the US and China are forcing traders to buy gold and silver.
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Good luck in trading!
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