Gold’s rise to near 7-year highs feeds talk of a climb to record prices of $2,000 and beyond

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Published : February 25th, 2020
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MarketWatch/Myra P. Saefong

“Gold prices now trade at their highest levels in almost seven years, as the economic impact of the COVID-19 epidemic in China has raised expectations for stimulus from global central banks to sustain economic growth, feeding talk of record $2,000-an-ounce prices and beyond for the precious metal.”

USAGOLD note:  We post daily market summaries only on occasion as typically their content has a short shelf life.  This report, however, offers some interesting analysis with longer term implications.


Repost from 2-20-2020

Read the rest of the article at USA Gold
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