Published: 2019.02.07. 2019 could be the year of gold

2019 could be the year of gold - Preview

According to analyst Zuki Cooper from Standard Chartered, the current 2019 could be good for gold. This is due to the change in the dynamics of demand for yellow precious metal, as investors are interested in defensive assets. Therefore, by the end of the year, the price of gold may show a marked increase.

Some experts believe that the yellow precious metal can take a pause and even bounce back in price, but it will still grow over the course of a year, which means it has good chances of reaching $ 1,400 per ounce. Standard Chartered also expects a correction in the gold market.