Climbing $3600
For the first time ever the price of an ounce of Gold, which is about 31 Gramms, reached $3600. We consolidated sideways over the summer and now clearly broke to the upside.
The performance of the Gold price is quite impressive with +40% over the past 12 months alone and a 10Y rallye of more than 210% which is 12% pa.
Are we heading for $4000 this year? What do you think?