Gold is about to be about to hit a $12.00 per ounce peak and will probably hit the $20s per ounce mark sometime this year.
This is because of an uptick in the demand for gold, a recent increase in supply and, of course, the rise in the price of silver.
The price of gold has surged about 80% in 2017 and is currently trading at $1,265 per ounce.
However, with the demand outstripping the supply, gold could start to drop in price by 2020.
This has led to speculation that the price will dip below $1 per ounce, which would mean a drop in gold prices.
The silver price, on the other hand, is still about where it was in 2017, according to Bloomberg.
This year silver has increased by about 25% compared to 2016, according a Bloomberg analysis.
This means the silver market is going to remain relatively flat in the coming years, and could possibly rise to $20 per ounce by 2020, according Bloomberg.
Silver prices in the future are likely to be impacted by the price and demand of silver bullion coins.
So if gold starts to rise and silver prices start to slide, silver prices could also drop significantly.
Source Reddit / r/all