Gold has enjoyed strong support from investors in 2019, as worries over global growth, geopolitical tensions and Brexit propelled inflows into safe-haven assets.
As one of the best diversifiers available to investors, the price of gold was up 21% at one point during the year, hitting a multi-year high of $1,554 per ounce. As investors' worries were calmed somewhat by the lull in the US-China trade war, however, prices fell back below the $1,500 level, trading at $1,471 per ounce as of 13 December 2019. The outlook for the price of the shiny metal for the coming year depends on a number of factors, including the strength of the US dollar, the direction of interest rates and the geopolitical situation. Catherine Doyle, investment specialist f...
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