Gold Demand Is Much Higher Than Supply – 25 September, 2017
Gold prices could climb as high as $1,400 an ounce within the next 12 months as the world has already produced the most gold in a year. In 2011, gold features reached $1,923.70, while in New York, gold futures reached $1,311.50 today. Gold is likely to reach its peak if it has yet to plateau, and new mining projects means the demand is much higher than the supply.