Gold News: 19 February 2021
Gold Price: $1,774.15. Forecasts: $2,000 an ounce in 2021. News: stimulus package to keep supporting gold price, the real reason gold prices tumbled this year, and more gold news.
Gold and gold-backed cryptocurrency news for the week ending 19 February 2021.
Gold Price (USD/OZ)
19 February 2021: $1,774.15 [View live gold price.]
Change from last week: -$44.05 (-2.42%)
View the complete archive of gold price forecasts.
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“With the yellow metal just posting its lowest close since June and a bearish pattern forming, how vulnerable is gold to a further decline?”
“There is still potential for gold prices to push above $2,000 an ounce in 2021; however, analysts at Bank of America (BoA) see growing risks to the upside as inflation fears appear to be contained.”
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