Gold Up 40% in a Year. The Moody’s Downgrade Explains Why.

26.05.18

One year ago, Moody’s completed a 15-year process — stripping the US of its last AAA credit rating. Gold closed at $3,237 that day. It trades above $4,550 today. Here’s what happened, why it happened, and what it means for the year ahead.Read More

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