It follows from the survey that all analysts of the precious metals market predict higher prices compared to the last 2020. We are talking about four main metals: gold, silver, platinum and palladium.
According to experts, the average cost of gold in 2021 will be $ 1973.8 per ounce, that is, the price of the yellow precious metal will be trading in the range from $ 1,650 to $ 2,300. For comparison: the average price of gold in 2020 was $ 1,769.6 per ounce. Thus, the growth should be 11.5% in annual terms.