editorial icon

Gold tests yearly high and holds firm

by John Feigenbaum

Published on June 15, 2019

main image for Gold tests yearly high and holds firm
Click image to enlarge.


Gold prices ended the week at $1341, slightly off the Thursday peak of $1352 (Kitco: London AM Fix).

Editorial Bullion

  • default cover


Gold prices ended the week at $1341, slightly off the Thursday peak of $1352 (Kitco: London AM Fix). These levels represent a 52-week high, however only about 3% over the same level of $1305 one year ago. Experts seem to agree that the fundamentals are in a great position to improve from here given the open-ended trade war with China, and mounting crises in the Middle East. While nobody can predict the future of commodity prices, my personal view is that next week should be good for gold spot prices.



Visit these great CDN Sponsors



Leave a comment

Please sign in or register to leave a comment.

Your identity will be restricted to first name/last initial, or a user ID you create.
Comment   

Comments

  • avatar image
    No Comments

    You can be the first person to comment on this story!