Investing.com investing.com 08 Jan, 2021 23:45 am

Gold Market In 2020 and Beyond

Gold Market In 2020 and Beyond
Commodities Analysis by Arkadiusz Sieron covering: XAU/USD, Gold Futures. Read Arkadiusz Sieron's latest article on Investing.com

Was the past year good for the yellow metal?Well, it turned out that last year was gracious to the yellow metal.p Actually, strong, when the yellow metal gained “only” over 18%.The yellow metal gained the most when investors were fearful, and when the Fed and Treasury injected liquidity into the markets.

What happened in 2020 and what will 2021 be like for the gold market?One year ago, in a January 2020 edition of the Gold Market Overview, I wrote: Unless anything ugly happens, the macroeconomic environment could be less supportive for gold than in 2019.

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