Will we see $3000 this week?
Exciting week! Gold is climbing further and further. Now we are only $15 away from the record high of $3000. Todays high of the precious metal was $2985. The last step could happen anytime now.
Well done
The performance of gold over the past years is really impressive. We saw +50% over the last two years alone and about +120% over the last decade which is an APR of 8%. A good hedge against inflation and not bad at all, even compared to the stock market.
It’s here! 3K (USD) 🤯
Wow. Spot price too?
Spot follows the contract price. I don’t even look at spot these days. It’s a pointless calculated number. It will always shortly go to where contract price is. But generally spot is a few dollars below contract.
Just checked. So gold is $3006 on the NYMEX & COMEX. Spot is $12 lower at moment so a fraction of 1% difference.
Matter of time indeed, the 3k Spot
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Wow, not long ago it was under $2K. This thing just keeps climbing. Might have to start checking my old jewelry box, who knows, I might be sitting on a fortune lol