How do gold's 2019 gains stack up in different currencies?
Editor's Note: 2020 is expected to be another year of significant uncertainty and turmoil. But the question is what asset will emerge the victor when the dust settles from the global trade war, Brexit, recession threats, negative bond yields. It's a showdown of global proportions, so don't miss all our exclusive coverage on how these factors could impact your 2020 investment decisions.
But, in which currency did gold perform best this year?
The Kitco News team created a chart for our readers that compares gold’s 2019 performance in different currencies. Take a look:
Aside from notable yearly gains, the yellow metal hit record high prices in many of these currencies earlier in the year, such as the British pound, the Japanese yen, the Canadian and the Australian dollars, the Indian rupees, the South African rand, and many others.
The chart was compiled using data from Kitco’s aggregated charts of spot gold prices in different currencies. To see gold’s performance in other currencies, click here.