Header Ads

Header ADS

IMF expects the economy to return to 5.8% growth next year, Gold hit a high in 2012

IMF expects the economy to return to 5.8% growth next year

The International Monetary Fund (IMF) published the 2020 Global Economic Outlook report, which expects that the global economy will contract by 3% this year, and the economy will partially recover and grow by 5.8% next year. However, in response to the development of the epidemic, there is still a high degree of uncertainty in the relevant predictions. In the most ideal situation, the global economy will still have the opportunity to lose US $ 9 trillion in GDP this year and next.

 

Gold hit a high in 2012

On Tuesday (April 14), the price of gold rose sharply in the New York market. Spot gold once surged by nearly 2%, refreshing its high since November 2012 to US $ 1747.36 / ton, bringing a new crown of interest to the global economy and triggering The scale stimulus plan was introduced, and investors flocked to the gold hedge.

------------------------------------

Z. com Bullion is an affiliate of GMO Financial Holdings, Inc., a Japanese listed group. The risk of loss in leveraged foreign exchange trading & margin trading can be substantial. Visit the company website to read full risk warning. https://bullion.z.com/en/about/legal/risk/
Powered by Blogger.