Gold Price 2014 – How will the price of gold develop in the coming years?
In this millennium, the price of gold has risen sharply. So
far, the trend is continuing with fluctuations. How will the price of
gold, however, develop in 2014 and in the following years? We try to
look into the future.
The past development of the price of gold
The gold price has risen in the past decade from 277 U.S. dollars
(311 euros) at the beginning of 2002 to more than 1,000 US$ and up to a
level of currently (beginning of January 2014) 1,648 U.S. dollars per
ounce. The price of gold has therefore grown by over 500%. Thus, the
price of gold has increased more than sixfold during this period.
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