| Gold prices have hovered well above $1,300 an ounce since mid-2016, but can it really reach $1,900 an ounce by the end of the year? No doubt, it’s been an eventful year for the gold price, having increased significantly from $1,076.30 per ounce to $1,337.00 as of 4:09 p.m. EST on Monday (September 26, 2016).
Year-to-date, the yellow metal has rallied 25.41 percent overall, peaking in July at $1,365.40 per ounce. Much of the success the gold price has had can be attributed to the United Kingdom’s decision to leave the European Union in June, although that hasn’t been the only driving force behind its pricing moving up..........................................Full Article: Source
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