Gold prices have seen a turnaround in November 2020, trading at its lowest level in four months. It had previously reached all-time highs in July but since then, there has been a sharp drop and a more recent holding pattern above 1840-1850. Despite being oversold, the question remains whether…Continue readingGold in December 2020 will likely decline all the way to $1765.
Tag: 2020 gold prices
The price of gold has reached new heights in November 2020, as investors flock to the precious metal in search of safe haven investments amidst the global economic uncertainty brought on by the ongoing COVID-19 pandemic. Gold and Silver were treated as a safe haven a few months ago.…Continue readingGold Prices Reach New Heights in November 2020.
Gold prices have experienced a significant increase in the month of October, reaching a new all-time high. The precious metal has seen a boost in demand as investors look for safe-haven assets amidst the ongoing global economic uncertainty. But not all was pink colored: There was volatility of the…Continue readingOctober 2020 Can Gold Stop Fall Below $1,900?
the objective being maintained at 1.897 then 1.8899 US dollars per ounce. The gold market saw a significant surge in October 2020, as the price of gold reached new heights in response to a range of economic and geopolitical factors. The price of gold is widely seen as a…Continue reading The precious metals could continue to fall.
The price of gold saw a significant rise in September 2020, as investors flocked to the precious metal in response to a range of economic and geopolitical factors. Gold is widely seen as a safe haven asset, and as such, it often rises in times of uncertainty and instability.…Continue readingGold price during September 2020. Can it stay above $2,000?
The price of gold saw a significant rally in August 2020, as investors sought refuge in the precious metal amidst growing economic and geopolitical uncertainties. Gold is widely seen as a safe haven asset, and as such, it often rises in times of crisis and instability. The average price…Continue readingGold Price Rally in August 2020.