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S&P/ASX 200 rises for a second day following a positive lead from Wall Street
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S&P/ASX 200 trades near flatline as Sydney property prices hit record high
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Gold hit a record high in 2020, which was good news for gold companies. Here are the top-performing gold stocks on the ASX for 2020.
Click here to read the previous best ASX gold stocks article.
2020 was a record-breaking year for gold, with the precious metal surging above US$2,060 per ounce in August and staying above US$1,850 for the remainder of the year.
Interest in the metal was fuelled by global economic uncertainty related to social and economic instability brought on by the COVID-19 pandemic. Added to that was the seemingly endless US-China trade war, as well as decreased exploration efforts on the part of gold miners over the last few years.