The rally in gold spot and futures has returned, according to Kitco. On Monday, March 20, 2023, gold hit a new high value for 2022: $2,015 per ounce (oz). It was approximately one year ago to the day that gold futures traded above $2,000/oz. Gold traded to a high of $2,077/oz in March 2022. What followed was a multi-month correction that finally ended in November when a triple bottom was identified. A multi-month rally began.
