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AAAU - A New Record High In Gold Is On The Horizon
Goldman Sachs Physical Gold ETF
After reaching a low at just over $250 per ounce around the turn of this century, the price of gold took off on the upside. Before the 2008 global financial crisis, the yellow metal had already reached a new record level at $1033.90 per ounce. Gold had never traded above the $875 level before 2008. After a decline to $681 during the risk-off period as fear and uncertainty gripped markets across all asset classes in 2008, the price climbed to a record high of $1920.70 in 2011. A correction took the precious metal to a