E 2020 Will Be A Record-setting Year For Gold

This is a remarkable projection, and seems to suggest that companies, wealth funds and investors are not confident the COVID-19 pandemic has been effectively contained just yet. 

One key lesson of 2020 is that the future will always remain unknown and that all options will always be on the table. We could be on the brink of a post-pandemic market recovery or be about to witness a second outbreak of cases and a reintroduction of lockdown measures. At the moment it looks as though investors are being cautious, rallying towards safe haven assets like gold and awaiting greater certainty. If this trend continues, there is a good chance 2020 will prove to a be record-setting year for gold. For now, I recommend monitoring the VIX closely. 

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Ayelet Wolf 3 months ago Member's comment

Good read, thanks.

Ron AF Greve 3 months ago Member's comment

Seems it already surpassed $1920 :-)

Linda Willis 3 months ago Member's comment

Good article. It's been wonderful seeing gold hit an all time high.