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777彩票地址 Prices Could Climb to Another Record High in 2020

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Collectively, central banks have purchased an average of more than 500 metric tons of the yellow metal each year from 2011 through 2018.

Photograph by Juan Barreto/AFP/Getty Images

777彩票地址Investors who didn’t own gold in 2019 could be kicking themselves after an 18% rise in prices for the year. But it might not be too late to join the rally.

Some gold bulls even see the price of bullion breaking the record high set in 2011, when it briefly topped $1,900, roughly 25% higher than current levels. Robust buying by central banks, a weakening of the U.S. dollar, and growing political tensions could combine to fuel further gains.


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