Gold Price Steadies After Surging To All-Time Record High In Euros At €1,392.60/oz

August 27, 2019

* Gold in euros surged to a record high at €1,392.60/oz and the Australian dollar hit new record highs yesterday

* Gold surged to a more than six-year high in dollars yesterday surpassing $1,550/oz in early trade prior to falling to $1,530/oz

*Investors are seeking safety from a host of uncertainties including heightened U.S.-China and global trade tensions, a ‘No Deal’ Brexit and a sharply slowing global economy

Gold In Euros Reached Record At €1,392.60 Yesterday

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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth. 

In 1933 President Franklin Roosevelt signed Executive Order 6102 which outlawed U.S. citizens from hoarding gold.

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