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"With all signs indicating rising cost of living continuing to be troublesome, the united state dollar index leveling off, and petroleum rates remaining high, gold rates could strike $2,000 an ounce this year," stressed Jim Wyckoff, Senior Market Expert at Kitco News.
David Lin, Support at Kitco News went over gold and also inflation with Wyckoff.
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Gold market finally realizes Fed is completely wrong; $2,000 now on the way
“With all indicators pointing to inflation continuing to be problematic, the U.S. dollar index leveling off, and crude oil prices remaining high, gold prices could hit $2,000 an ounce this year,” emphasized Jim Wyckoff, Senior Market Analyst at Kitco News.
David Lin, Anchor at Kitco News discussed gold and inflation with Wyckoff.
__________________________________________________________________
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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