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The gold market has seen an amazing run since mid-March, rallying almost $200 in a matter of weeks and according to George Milling-Stanley, primary gold strategist at State Road Global Advisors, it has adequate area press to a new all-time high.
Milling-Stanley kept in mind that gold costs have currently struck the upper-bound year-end target at $1,700 an ounce.
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Gold price has momentum and doesn’t need negative rates to hit $2,000 – State Street Global Advisors
The gold market has seen a remarkable run since mid-March, rallying nearly $200 in a matter of weeks and according to George Milling-Stanley, chief gold strategist at State Street Global Advisors, it has enough room push to a new all-time high.
Milling-Stanley noted that gold prices have already hit the upper-bound year-end target at $1,700 an ounce.
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