Why the Gold Rally Is Set to Run

A confluence of factors is leading to a rally in gold prices that could last for several years.

It’s all systems go for gold investors.

The bullion market is stirring from a multiyear slumber and looks set to enter a sustained rally, experts say. Double-digit increases within the next 18 months may be only the start of the price surge.

“[W]e believe there is a very good chance that this marks the beginning of a new gold bull market,” says gold market veteran Joe Foster, portfolio manager for the VanEck International Investors Gold Fund. Foster says the run is “likely to last several years.” 

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News and Commentary

LBMA Gold Prices (AM/ PM Fix – USD, GBP & EUR)

09-Jul-19 1387.90 1391.55, 1113.51 1115.61 & 1239.39 1241.54
08-Jul-19 1404.90 1400.10, 1121.11 1119.38 & 1251.20 1248.19
05-Jul-19 1414.40 1388.65, 1126.43 1110.92 & 1255.99 1237.70
04-Jul-19 1415.25 1414.90, 1125.41 1125.55 & 1254.19 1254.59
03-Jul-19 1425.10 1413.50, 1133.52 1123.31 & 1262.78 1251.65
02-Jul-19 1393.10 1391.05, 1105.01 1101.02 & 1233.59 1231.77
01-Jul-19 1390.05 1390.10, 1099.81 1099.99 & 1227.41 1227.74
28-Jun-19 1413.20 1409.00, 1114.87 1108.18 & 1241.07 1237.81

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