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Peter Hug’s gold price target for Christmas; ‘constructive’ but watch these risks

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Gold has actually gotten better from its assistance degree of the low $1,800 s, as well as is on track to touch $1,920 by Xmas time, stated Peter Hug, global trading director of Kitco Information.

0:00 – Financial stimulus
5:06 – Equities
7:06 – Gold's macro vehicle drivers
9:28 – Gold cost levels to watch
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Peter Hug's gold price target for Christmas; 'constructive' but watch these risks

Gold has bounced back from its support level of the low $1,800s, and is on track to touch $1,920 by Christmas time, said Peter Hug, global trading director of Kitco News.

0:00 - Fiscal stimulus
5:06 - Equities
7:06 - Gold's macro drivers
9:28 - Gold price levels to watch
__________________________________________________________________
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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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.