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What Past Bull Runs Reveal about Gold’s Price Pullback

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If you watched gold prices set new record highs of over $2,065 an ounce a few weeks ago, you may be wondering what’s behind the slight pullback in prices. Is gold’s bull run over?

No one can predict the future. But we can look to the past—specifically gold’s historical trajectory during rallies—for clues about where the market’s headed.

And do you know what these past trends suggest? Gold’s rally is only just getting started.

How much higher could gold prices go? Watch the video above for expert analysis. Read additional insights from industry experts and financial institutions in our Gold Price Forecast 2020 post.

Just like in 2011, the precious metals advisors and staff at Scottsdale Bullion & Coin are doing everything we can to stay ahead of demand for gold. Call us today at 1 (888) 812-9892 to check our inventory. Get answers to your questions about the gold market.

Should You Be Worried about the Pullback in Gold Prices?

If you’re like most investors right now, you’re probably more than a little bit concerned about the direction of the economy. Endless money printing. Mass unemployment. A pandemic with no end in sight. Just a few weeks ago, it seemed like everyone was hedging against all of this uncertainty with gold. Gold prices shot up over $2,065 an ounce. But now gold prices have pulled back a bit. Is the gold rally over? Not even close. It’s only just begun. See why. Watch now.