Gold Hits All-Time High In March: Want To Capitalize On Projected Further Growth, But Not Sure How? Check Out Lou Dobbs-Endorsed Priority Gold
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By Faith Ashmore, Benzinga
In early April, the price of gold skyrocketed to a record-breaking high of $2,266.8 per troy ounce, marking another significant milestone for the gold market. The rise in gold prices has been consistent over the past few years. In 2023, the LBMA (PM) gold price reached a remarkable year-end close of $2,078.4 per ounce, setting a new record high. This performance resulted in an impressive annual return of 15%.
Throughout 2023, the average gold price was strong at $1,940.54 per ounce, 8% higher than in 2022. Experts are expecting 2024 to be yet another impressive year for gold. The precious metal is even attracting the attention of big retailers like Costco (NASDAQ: COST). Last September, Costco began offering gold bars for sale and saw success sur...