Gold price forecast for 2020: Double digit gains expected
February 08, 2020 at 09:45 AM EST
In 2019, gold prices ended up averaging $1,392.60 an ounce, so this year’s estimated $1,558.80 represents an increase of almost 12% from last year’s average. In the first half of January, gold prices were already averaging $1,554.20 an ounce.