Gold Prices Soar In 2020, Nears 8-Year High

GOLD PRICES HAVE SOARED THIS YEAR, AND SOME EXPERTS THINK THEY COULD EVENTUALLY PASS THE ALL-TIME HIGH

(CNN) – Gold prices are soaring this year and they could pass the all time high of $1,900.

In March, the prices dipped along with the rest of the market because of coronavirus fears.

But now, gold prices are up nearly 15% in 2020.

Gold is currently trading around $1,700 and $50.00.

That’s a nearly eight-year high.

The Federal Reserve has cut interest rates to zero which has helped push gold higher.

Categories: US News