Gold Price Analysis

date: 18 January 2021

Gold and oil price are extremely related. As a result, Petrobon price analysis team provide gold price analysis in order to get a clearer view of oil price.

Gold ounce price could not stay at $1850. 1.9 trillion US dollar aid to economy was one reason. Increasing the vaccination rate can decrease other markets risks, thus can affect gold price adversely. It seems gold ounce price in 1830-1850 USD/MT.