12+ Gold Stock During Recession Pics

12+ Gold Stock During Recession
Pics
. During the 2008 economic contraction when stocks tanked, gold had pretty good run: It may be that gold rises in price during a recession because investors are trying to get out of the stock market, and gold is a way of getting out.

Uk Pawnbroker Buying Gold And Jewellery During Recession And Stock Photo Alamy
Uk Pawnbroker Buying Gold And Jewellery During Recession And Stock Photo Alamy from c8.alamy.com
How do gold mining stocks do in a recession? Consumer staples usually do well during recessions and times of extended uncertainty. Therefore, it can be assumed that holding gold during a recession is a good idea.

Looking forward, we estimate it to trade at 1757.46 in 12 months time.

Looking forward, we estimate it to trade at 1757.46 in 12 months time. V1 = value of stock at beginning of the period v2 = value at end of the period. Gold prices reclaimed the $1,500 mark for the first time since november 4 as us recession fears prompted investors to seek safety in the precious metal. During the 2008 economic contraction when stocks tanked, gold had pretty good run:


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