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Gold Performance in 2017: Making Sense of the Numbers

VanEck
Gold Performance in 2017: Making Sense of the Numbers

Gold and gold stocks performed well in 2017. The gold price advanced $150.78 per ounce (13.1%), the GDMNTR was up 12.2%, and the MVGDXJTR gained 6.2%. Gold also did not receive much help from the physical markets, as Indian demand remained near the lows of 2016 and China’s central bank refrained from