Last Time Gold Hit $3000, This Happened | Metals Mine

  • Last Time Gold Hit $3000, This Happened

    From energyandcapital.com

    Any day now, the market price for gold bullion will cross the $3000/ounce mark. It will be a huge milestone and a first in history, and though $3000 is just another number, the psychological effect on the market will likely push prices even higher. The thing is, it actually won’t be a first in history. Though $3000/ounce is a price never yet achieved by the world’s most sought-after precious metal (gold was trading at $2940/ounce as of yesterday afternoon), when adjusting for inflation and looking into relatively recent history, prices have crossed that milestone and flown beyond. 45 years ago, in January of ... (full story)

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OneBrokeGuy
Feb 20, 2025 3:24am
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When are we expecting another $3000? Soon?
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hrarshankhan
Feb 20, 2025 3:13am
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Any day now, the market price for gold bullion will cross the $3000/ounce mark. It will be a huge milestone and a first in history, and though $3000 is just another number, the psychological effect on the market will likely push prices even higher. The thing is, it actually won’t be a first in history. Though $3000/ounce is a price never yet achieved by the world’s most sought-after precious metal (gold was trading at $2940/ounce as of yesterday afternoon), when adjusting for inflation and looking into relatively recent history, prices have crossed that milestone and flown beyond
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v1p8r
Feb 20, 2025 7:19am
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sooner than you would think.
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