Gold Makes History: All-Time High of $2,000 an Ounce

Gold Makes History: All-Time High of $2,000 an Ounce

Amidst a global pandemic that has affected economies near and far, a monumental occurrence takes place as gold’s value increases by 30% since the start of 2020.

 

For the first time in history, gold reaches new heights as it breaks $2,000 per ounce. For the past month we have watched gold prices soar above the previous record held in 2011, peaking at $1896.50 per ounce.

 

Through economic and market uncertainty, gold prices make headlines as it reaches a record high.

 

Sources Used:

https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

https://www.wsj.com/articles/why-gold-prices-are-hitting-all-time-highs-11596533550

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