3 Spikes of Gold in the last 3 years

In the last 3 years the Goldprice hit 3 times an all-time high.
We see 3 spikes, and everytime Gold went down after it hit another record.

Lets take a closer look at the spikes

1. Spike - 5.08.2020
Gold reached 2075.282
Reason: Covid-19 peak

2. Spike - 08.03.2022
Gold reached 2070.630
Reason: Russia invaded Ukraine, biggest warfare in Europe since WWII

3. Spike - 04.05.2023
Gold reached 2067.00
Reason: Fear or Banking Sector collapse, after the collapse of SVB and Credit Suisse