During today's trading, London gold spot rose to $, per ounce, hitting a new high since December , .
Currently, the rise in London gold has slowed down and is now reported at $, per ounce; COMEX gold futures rose . to $,. per ounce.
In , the global election year, "black swans" will appear frequently. Coupled with the continued tension of geopolitical conflicts and strong central bank buying, gold has become a popular safehaven asset.
As one of the best performing assets of the year, gold has risen by more than , its biggest annual gain since .
During this period, it hit a record high of $, on October .
Although gold prices have retreated since Trump won the US election in nepal phone number list November, they still recorded their best annual gain.
Wall Street is shouting: $,!
After posting its biggest annual gain in years, Wall Street expects gold to continue its rally through .
JPMorgan Chase's latest forecast is that gold prices will rise to the epic milestone of $, per ounce this year.
Last month, Goldman Sachs analysts also said that as the global central banks' continued purchase of gold is far from over, the price of gold is expected to reach $, by the end of .
The bank predicts that in order to hedge against financial uncertainties and geopolitical shocks, if the scale of gold purchases by major central banks around the world exceeds market expectations, the price of gold may rise.