The price of gold has managed to churn a few stomachs in the past month, but the data makes these lows look more like the growing pains.
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The price of gold is going up, according to Money Morning Resource Specialist Peter Krauth.
He says the recent pullback in gold prices was actually a healthy indication they would rise again this year.
I've been telling you for a while that a pullback was not only normal, but healthy.
Now that the data is in, I'm going to show you why.
Gold has already printed a solid bounce back to $1,310 in just the last few days, strongly suggesting its correction has run its course.
The price of gold consolidated again last week, but that stage of the climb might already be over. If the "golden staircase" pattern continues, gold prices could jump higher again soon.
In fact, gold could get an even more bullish catalyst this year.
Gold prices traditionally move inversely to the dollar.
But when they move higher together, it could mean a breakout to the upside is coming.
Even though gold prices broke out in a big way to start the year, they've reached a lull in February.
But this is actually a good thing.
The price of gold is now trading at an eight-month high.
Only one week ago, gold prices finally closed above $1,300 after multiple attempts to break through.
Gold has been a store of value and wealth for more than 5,000 years, dating back to ancient Egypt.
But the benefits of owning gold are made crystal clear by the crisis in Venezuela.
The price of gold blasted higher on Friday, testing the $1,300 level and adding new momentum to the bullish gold sentiment.
Still, that psychologically significant price remains elusive. But in my view, that's not likely to be the case for long.
The price of gold continued its lateral movement last week, but veteran gold traders are used to a plateau after rally.
But we're seeing a barrage of bullish indicators for gold right now, including a billionaire investing mogul jumping into the space.
Smart investors are always on the lookout for an investment class that will produce market-beating gains over the course of the year.
That's why we're showing you the 3 best REITs to buy in 2019.
You see, Real Estate Investment Trusts (REITs) have outpaced returns from the stock market for more than 35 years.
After a blistering rally in gold prices since mid-December, the precious metal is finally gearing up for a bull market run.
That rally vaulted gold from $1,237 to almost $1,300 - a 5% gain in a month.
The price of gold is starting to catch fire thanks to the stock market's latest struggles.
Gold could be in store for a strong 2019, even if stocks recover from their recent dramatic sell-off.
Any doubts about gold's new bull run should now be put to rest.
It's true the price of gold started out 2018 just above $1,300, and ended the year just below that level for a small 1.7% annual loss. That has some of the most ardent bulls abandoning the asset.
The price of gold is rising as we approach the December FOMC meeting and another possible rate hike.
In fact, the metal closed at a five-month high earlier this month.