Hi friends,
The price of gold has been strong - check out the long term chart:
The metal has performed well over the last couple of decades, and the chart shows the price is likely heading higher. Reasons for gold’s continued rise may be: inflation hedge, store of value that is not currency, decreasing supply of easy to find gold, continued use in industry/manufacturing, demand from investors, increased cost to mine/refine, etc.
While gold prices may fluctuate in the short term, on the long term, you can believe that gold prices will continue to increase.
Thanks for coming by,
Brian