LONDON, 14 March 2018 – Leading US finance site MarketWatch today quotes BullionVault comment and analysis on the 10th anniversary of Dollar gold prices first rising above $1,000 per ounce.
With global stock markets reeling first from March 2008's near-collapse and bail-out of investment bank Bear Stearns and then from the Lehman Brothers' crash of autumn 2008, "It would take over 18 months for gold's $1,000 handle to stick," MarketWatch quotes BullionVault.
But "the world's London benchmark hasn't given a 3-figure price" since the morning of 2 October 2009.
"Here in March 2018, the sense of calm washing back into stock and bond markets leaves little urgency to bid gold prices much higher right now," the report quotes BullionVault direct of research Adrian Ash.
Read the full story at MarketWatch here:
Gold ends slightly lower as the metal marks 10 years since first topping $1,000
