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Options Trading Blog
Options Trading Tips and Strategies
Lets Look At Gold In The 21st Century
This chart from Rosland Capital shows the price of gold since the Financial Collapse of 2008. It was adapted with different data points from a Gold vs Dollar chart about a quarter way down Rosland’s gold IRA page. Gold increased 5.32% from mid September 2008 to March 2009. By the second round of quantitative easing in November 2010, gold reached $1358 an ounce; 49.2% higher.
If you look at the right-hand side of the chart, you’ll see a familiar range for last year as well. 2016 corresponds to points #18, 19 and 20 on the chart, showing gold in the $1300s the day after the Brexit vote in June as well as its sink back into the 1200s in October 2016.
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