According to the results of 2019, the price of gold in European currency showed a yield of + 22% - this is a record profitability of yellow precious metals within one currency space.

The yellow precious metal is trading at $ 1,515 per troy ounce, which corresponds to 1352 euros. To reach the record level reached in September 2019, only 4% growth is lacking. At the end of last 2019, the price of gold in euros increased by + 22%.

Thus, it turns out that the profitability of gold in 2019 has become the highest since 2010 - then it amounted to + 37%, and the precious metal cost 1,055 euros. You can also say that last year's growth has become the largest in the framework of a single currency space. The increase in the value of gold indicates that the European currency is losing its purchasing power, that is, it is undergoing devaluation.

Below is a list of currencies in which gold also showed a price rally following the results of last 2019:

Euro: + 22%

Indian Rupee: + 21%

Chinese Yuan: + 20%

Australian dollar: + 19%

US Dollar: + 18%

Japanese Yen: + 18%

Swiss franc: + 17%

British pound: + 15%

Canadian dollar: + 13%