Here are a couple charts for your perusal. The first is the recent price movement in the near term.
Price movement began in May 2019, source Kitco.com |
To get a better glimpse of the longer term, here is a chart spanning the years from 2000, or thereabouts, to the present.
Current prices are comparable to 2012. The all-time high was reached in the previous year. |
Perhaps nothing really significant has happened yet. But this bears watching.
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