World Gold Council: strong investor demand is expected to continue to support gold prices in 2020

January 2, 2020

Johannesburg-SA (Jan 2)  Juan Carlos Artigas:2019, head of investment research at the World Gold Council, saw a strong gold market at the end of the year, rising above $1500 an ounce, a nearly two-month high. Strong investor demand is expected to continue to support gold prices in 2020. At the same time, uncertainty in many sectors of the global economy will continue to support the gold market. The rally in gold prices at the end of last year showed that while economic risks had fallen in recent weeks, they had not completely disappeared.

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