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Gold rates might be anticipated to surpass the $1,800 an ounce mark by third or 4th quarter of this year, with close to term signals remaining bullish, this according to Gary Wagner, editor of TheGoldForecast.com.
Wagner's comments come as the Federal Book introduced Wednesday to keep prices near absolutely no until a minimum of 2022, as well as a second wave of the infection has actually just been reported to begin sweeping throughout the UNITED STATE
0:21 – Fed decision to keep prices near no
4:43 – Second wave of COVID-19
5:54 – Inflation and also gold
7:08 – UNITED STATE dollar
7:54 – Gold rate patterns
8:58 – Gold rates as well as stocks
10:21 – Silver price charts
11:21 – Medium-term gold projection
11:35 – Japanese candle holder chart reading
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As second wave hits, look for gold to breach $1,800
Gold prices could be expected to surpass the $1,800 an ounce mark by third or fourth quarter of this year, with near term signals remaining bullish, this according to Gary Wagner, editor of TheGoldForecast.com.
Wagner’s comments come as the Federal Reserve announced Wednesday to keep rates near zero until at least 2022, and a second wave of the virus has just been reported to begin sweeping across the U.S.
0:21 - Fed decision to keep rates near zero
4:43 - Second wave of COVID-19
5:54 - Inflation and gold
7:08 - U.S. dollar
7:54 - Gold price trends
8:58 - Gold prices and stocks
10:21 - Silver price charts
11:21 - Medium-term gold forecast
11:35 - Japanese candlestick chart reading
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
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