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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%.
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.
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We expect sharply higher precious metals prices as a result, with silver and platinum taking the lead. Gold Price Forecast – Collapsing Dollar Could Push Gold to $2300 by May 2021 Skip to main ...
This page was last edited on 28 December 2022, at 15:11 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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4 Holidays and observances. 5 References. ... January 25 is the 25th day of the year in the Gregorian ... (d. 2023) [43] 1962 – Chris Chelios, American ice hockey ...