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Gold Rallies Eyeing $2,000/oz As Recession Looms – These 3 ETFs To Gain From Precious Metal’s Bull Wave

Gold has had a textbook rally following the tumultuous week in the U.S. banking sector and heavy drops in Fed hike expectations as recession risks loom. On Friday, gold surged 2% beyond $1,950/oz levels, putting it on track for a 6% weekly gain, its largest since early November 2022.

AGI

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Apple, Amazon, Tesla, Yamana Gold, Gaucho Group: Why These 5 Stocks Are Pulling Investor Eyeballs Today

Major Wall Street indices closed over 1% higher on Friday but closed the weak lower. The non-farm payrolls increased by 261,000 in October, the smallest gain since December 2020. However, the unemployment rate rose to 3.7%. All eyes now turn towards the consumer price inflation due later in the new week.

AAPL