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Barchart
Barchart
Andrew Hecht

Gold Corrects- Are Higher Highs on the Horizon?

I asked if gold would make a new high in an April 1 Barchart article. Nearby COMEX gold futures were at the $3,156 per ounce level on March 31, when I wrote:

Gold could pull back from the most recent high, but the bull market, now twenty six years old, shows no sign of faltering while fiat currency values dissipate. Gold is likely to continue to make new highs in April as it closes in on its inflation-adjusted target from the 1980 high at the $3,400 per ounce level. 

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