Monday, 6 January 2020

Gold in 2020

Posted by FortFS at 14:50 Labels: ,

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.

However, will gold prices continue to rise in 2020?

 https://www.fortfs.com/en/analytics/fundamental/review_06-01-20 

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