Gold managed to rebound slightly in 2016, rising 8% and making back a bit of the lost ground that it had suffered in previous years. Nevertheless, the year-end closing price of around $1,145 per ounce was still far below the levels at which it has traded in the past. Over the coming year, investors would like to see gold’s modest upturn finally start to take hold and accelerate, producing gains for gold-tracking investments like the SPDR Gold Trust (NYSEMKT: GLD). Let’s look at how the gold market has fared lately and what it means for gold prices in 2017 and beyond.