Gold Makes History and Blows Past Its All Time High of $1,900
Posted by Brian Ford on July 27, 2020
As the world struggles with the seemingly never-ending coronavirus and its economic impact, gold has exploded higher.
Gold has blown past its historical high of $1,900 set in 2011, with many experts predicting $2,000 by the end of the year.
According to Gavin Wendt, senior resource analyst at MineLife Pty, “Strong gains are inevitable as we enter a period much like the post-global financial crisis environment, where gold prices soared to record levels as a result of copious amounts of Fed money being pumped into the financial system”.