In the news: Soaring stocks
Precious metals and FTSE companies have seen their share price rise, while ESG companies have performed well, too
by Bethan Rees
Despite global concerns over the economic outlook in the shadow of Covid-19, precious metals are “soaring to multi-year highs” according to Justina Vasquez and Elena Mazneva in a Bloomberg article. Both gold and silver have performed well, with gold futures surging to an almost nine-year peak and silver reaching its highest rate since 2014. This could be due to demand for haven assets amid Covid-19, they write.
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