The CEO of Kuwait Bullion Group Rajab Hamed said on Monday that there are many reasons that may push the price of gold to rise again, including coronavirus relief packages and the ongoing pandemic, which prompts investors to search for safe havens such as gold. Hamed predicted another rise in gold as the new US President Joe Biden settles into office and makes his policy clear. The fluctuation of the dollar and uncertainty around the values of the next US stimulus package could also contribute to the rise of gold prices, he said. He predicted gold to record US$ 1,900 by the end of the first or second quarter of 2021. Hamed also mentioned that there are several reasons for the recent decline
Hence then, the article about gold prices predicted to rise again as pandemic rolls on was published today ( ) and is available onEGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Gold prices predicted to rise again as pandemic rolls on )