Why the Price of Gold Could Hit a Record High in 2020
December 02, 2019 at 17:12 PM EST
The price of gold is up by an impressive 20% since Thanksgiving last year. That's even a bit better than the S&P 500, which has climbed about 19%. I'm thinking gold could hit the $1,700 level in 2020 thanks to a catalyst we haven't seen since 1999. But that's not the only thing driving gold prices. Movement in the price of gold has largely been unnoticed by the average investor. The big money, however, has been very active in the gold market. Read more... Tags: Gold To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2019 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why the Price of Gold Could Hit a Record High in 2020 appeared first on Money Morning - We Make Investing Profitable .