Gold prices ended the session at an all-time high

In a recent report, the World Gold Council (WGC) said: “Looking back over the past half century, gold prices in USD have increased nearly 8% per year since 1971 when the US gold standard regime fall. During this period, gold's long-term returns were comparable to stocks and higher than bonds. Gold has also outperformed many other major asset classes over the past 3, 5, 10 and 20 years.”
Mar 31
Comment:
FX Empire analyst Christopher Lewis advises investors not to short sell in the current environment but to buy when prices fall. According to him, there are still many factors pushing the price of this precious metal to new highs. Factors include concerns about geopolitical tensions, significant volatility in financial markets, expectations of monetary policy easing and demand from central banks around the world. Lewis believes that all of the above factors could push gold to $2,500/ounce.
Trade active:
Temporary buying profits are achieved
（Source from: TV-RalphBenjaminTrading）