Gold on pace for its best year since 1979 — but one analyst thinks prices have peaked
Gold (GC=F) futures sat near $4,000 per ounce on Friday, remaining steady after last month’s sharp sell-off but raising questions over where the precious metal is headed next. Gold remains on pace for its best year since 1979, driven by central bank purchasing, increased inflows into exchange-traded funds (ETFs), and bar and coin purchases. But…