Gold price forecast to hit record high ...News

Russia Today - Economy
Gold price forecast to hit record high
source : Russia Today ( News ) () 29
Investors are increasingly seeking a safe store of value amid economic uncertainty, according to Fundstrat Gold prices could soon reach a record $2,500 per ounce, driven by safe-haven investor demand in the wake of global uncertainty and geopolitical tensions, some analysts are now projecting. Futures have risen 3% in the past couple of weeks, briefly breaching the key psychological threshold of $2,000 per ounce on Tuesday. The rise marked the highest daily close so far this month, and any move above $2,006.37 per ounce this week would make it the highest weekly close since the spring, researcher Fundstrat’s techn

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