Monday, 6 January 2020
Gold in 2020
Golden rally
- so you can christen 2019. A brief chronology of the gold rush looks like
this: the precious metal began to rise rapidly in October 2018 from the mark of
$ 1,190 per ounce. The price increase continued with a take-off lasting until
the very last days of December 2019! In September 2019, gold peaked at around
1,556 USD and rolled back to the area of 1,450. However, in mid-November,
growth was resumed and on January 6, 2020 the price reached 1,582. Thus, the
full growth amplitude for 15 months was +392 USD per ounce, or 33% per annum!
In modern realities, not many business projects can offer investors and
shareholders such fabulous profits.
https://www.fortfs.com/en/analytics/fundamental/review_06-01-20
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