Waldemar Meyer, head of the gold trade in Bar9.com speaks with Inside-economy-editor-in-chief Manuel Koch on the development of the gold price . The price of gold is soaring. Stockbrokers are divided: the Triumph of the precious metal soon with a new record or a correction is imminent?
"chart technician to see a deeper correction to come, or it goes in the other direction – the Sky is the Limit," says Waldemar Meyer.
The gold expert on the historical development of the currency in a Crisis, and stresses the benefits of Gold. In recent years Central banks have switched from gold sellers to gold buyers. The precious metal is used mainly by countries such as China, Russia, and Turkey, in order to diversify currency reserves. dpa/Sven Hoppe/dpabild gold bars in different sizes, retailers are in a gold in a vault.Gold as a Asset protection in a vault
read more about the precious metal in our gold-Ticker: "world gold price" high reaches new all-time - expert predicts new record
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*The post "Gold expert: If the price breaks this resistance, then "Sky is the Limit"" is the of Inside economy. Contact with the executives here.Updated Date: 20 July 2020, 15:27