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It’s a good time to be a gold bug. At the beginning of 2024, gold was trading at around $2,043 per ounce. At the end of last week it was a little higher than $2,330, marking a gain of more than 10%.
Goldman Sachs analysts pushed their $3,000 per ounce gold target from the end of the year to mid-2026. The analysts cited a slower pace of monetary policy easing this year than previously expected.
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On 21 January 1980 the gold fixing reached the price of $850, a figure not surpassed until 3 January 2008 when a new record of $865.35 per troy ounce was set in the a.m. fixing. However, when indexed for inflation, the 1980 high corresponds to a price of $2,305.18 in 2011 dollars, [ 3 ] thus the 1980 record still holds in real terms .
Download QR code; Print/export ... January 25 is the 25th day of the year in the Gregorian calendar; ... 1984 – Jay Briscoe, American wrestler (d. 2023) [55] 1984 ...
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