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Gold price - 12 months to April 2021
17 Apr 2021 (128 views)

The chart below shows the price of gold for 12 months to April 2021.

It started slighly below $1,700 USD in April 2020 and increased to $2,050 in August 2020. It dropped over the next 8 months back to below $1,700. 

It has since increased to $1,770. Some experts expect a bull run for gold over the next few weeks. 

I held some shares in Barrick Gold and Gold ETF during the past six months and now see a loss of USD 13,000. (At the worst point in March 2021, my loss was $30,000). I expect the prices of these two stocks to increase and wipe off my loss. I hope that it will show a profit soon.

I am also taking a short term speculation in Gold Futures. 

Here is an analyst report. 
https://www.marketwatch.com/story/gold-prices-rise-thursday-morning-as-benchmark-u-s-treasury-yield-slips-to-1-60-11618491888

Note - I am sharing my personal experience about investing in gold. I am not making any recommendation to buy or sell gold at any specific price.

Tan Kin Lian


 


Gold price - 12 months to April 2021
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The chart below shows the price of gold for 12 months to April 2021.

It started slighly below $1,700 USD in April 2020 and increased to $2,050 in August 2020. It dropped over the next 8 months back to below $1,700. 

It has since increased to $1,770. Some experts expect a bull run for gold over the next few weeks. 

I held some shares in Barrick Gold and Gold ETF during the past six months and now see a loss of USD 13,000. (At the worst point in March 2021, my loss was $30,000). I expect the prices of these two stocks to increase and wipe off my loss. I hope that it will show a profit soon.

I am also taking a short term speculation in Gold Futures. 

Here is an analyst report. 
https://www.marketwatch.com/story/gold-prices-rise-thursday-morning-as-benchmark-u-s-treasury-yield-slips-to-1-60-11618491888

Note - I am sharing my personal experience about investing in gold. I am not making any recommendation to buy or sell gold at any specific price.

Tan Kin Lian