Gold Prices Will Hit Record High in Next 18 Months as Global Bond Yields Crash: Pro

Gold prices may hit all-time highs in the next 18 months amid low to negative global bond yields, said a fund manager on Monday, joining a chorus of bullish calls on the safe haven commodity. Despite being a non-interest bearing asset with holding costs, gold was attractive in the current climate where there was little…

Gold Prices Will Hit Record High in Next 18 Months as Global Bond Yields Crash: ProDetails

‘Act now or risk another deep downturn,’ OECD warns policymakers

Global policymakers have been warned by the Organisation for Economic Co-operation and Development (OECD) to “act now” to prevent “persistent and sluggish growth” and another economic downturn as it downgraded its global growth forecasts. In the OECD’s latest economic outlook published on Wednesday, the organization said that global growth had “languished over the past eight…

'Act now or risk another deep downturn,' OECD warns policymakersDetails