Investors must exercise utmost discipline while investing in gold in 2021: Refinitiv Metals We believe the global investment community will continue to maintain its faith in gold until the global financial doldrums dissipate. December 14, 2020 / 08:31 AM IST Debajit Saha Despite a sharp fall in the gold price in November, retreating 15% from its August high of $2075, gold has still surged 22% since the start of the year as of the time of writing. This fabulous performance has been triggered certainly by the global economic meltdown caused by the COVID-19 pandemic. While the optimism surrounding the vaccines against the deadly virus has recently energised investor sentiment, the performance of major stock indices in recent weeks highlights the optimism and expectation of a global economic revival.