Benzinga: Gold Is Having A Moment--From Geopolitical Unrest To Economic Uncertainty, These Are The Reasons Investors Can't Get Enough...
Gold prices have been soaring recently, hitting record highs as investors flock to the yellow metal. At last check, gold was going for $2,342.66 an ounce, up nearly 18% year-over-year. Over the past five years, the price per ounce has risen by 82%. Some industry watchers, including Lear Capital, a leading seller of gold, silver and other precious metals, believe gold has even more room to run, potentially reaching $3,200 an ounce or more by 2027.
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