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Gold recently hit its highest price in nearly 7 years.1
This price increase has been driven by the Federal Reserve’s aggressive market interventions, which began in September 2019, as well as political unrest both in the U.S. and abroad.
There’s nothing gold loves more than economic and political uncertainty. And it looks like we’ll have plenty of both in 2020.
Because of these factors and others, many experts agree the price of gold will continue to trend up.
“I think by 2025 gold will be at least $2,500 to $3,000 an ounce,” says Heritage Capital's Paul Schatz.2 “I don't think the rally is over in gold by any means.”
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-Devlyn Steele
Senior Economic Analyst
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1https://www.wsj.com/articles/what-really-matters-for-the-surging-price-of-gold-11578470353 ([link removed])
2https://finance.yahoo.com/news/gold-2500-3000-by-2025-newmont-mining-paul-schatz-203628755.html ([link removed])

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