DESERT GOLD VENTURES

Commented by Mario Hose on February 28th, 2020 | 05:58 CET

B2Gold, Desert Gold, RosCan Gold - who will be taken over next?

• Gold

The price of a troy ounce of gold has risen significantly over the past 12 months. Based on the USD, the precious metal has risen from below 1,270.00 to over 1,650.00 per troy ounce. In comparison, the value converted into EUR rose from under 1,150.00 to over 1,500.00. Over a ten-year period, the price of the troy ounce of gold rose by 48.18% in USD and by as much as 83.00% in EUR. As a fear indicator, this price development speaks a clear language. It is therefore advisable for investors to look at the value chain of gold.