Why Has Gold Not Touched $2000 an Ounce?

Why Has Gold Not Touched $2000 an Ounce?Gold Silver Reports — Why Has Gold Not Touched $2000 an Ounce? — Gold has surged in 2016, against a backdrop of political uncertainty and consistently low interest rates, but it has not broken past its 2011 high.

Gold is up 24% year-todate, a performance only bettered in the past 12 years in 2011 at the height of the Eurozone sovereign debt crisis. But, as analysts at Macquarie note, gold price of around $1,300oz is still 30% below its alltime high of $1,895, says Ben Moshinky of Business Insider. — Neal Bhai Reports

Why Has Gold Not Touched $2000 an Ounce?


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