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/
Service relating to Over-the-counter (OTC) Gold Bullion/Silver trading is provided by MOL. OTC Gold/Silver Bullion trading carries a high degree of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. OTC Gold/Silver Bullion is not regulated by the Securities and Futures Commission (""SFC"") and therefore trading OTC Gold/Silver Bullion will not be subject to rules or regulations promulgated by the SFC. Before deciding to trade OTC Gold/Silver Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain losses in excess of your deposited fund or even more in extreme circumstances and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading OTC Gold/Silver Bullion, and seek advice from an independent financial advisor if you require.