Will Gold Hit A New All-Time-High This Year? ...Middle East

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Will Gold Hit A New All-Time-High This Year?
source : OILPRICE ( Middle East ) () 29
Incrementum AG sees a 45% probability of the gold price hitting a new all-time high at $2,100 or higher as early as December 2021. Authored by Ronald Stoeferle and Mark Valek, and now in its 50th iteration, the Liechtenstein-based investment boutique’s annual report entitled ‘In Gold We Trust‘ also argues in its base case future scenario for gold trading at $4,800 per oz. by the end of the decade. Given the wave of ‘monetary climate change’ triggered by the pandemic and the prospect of inflation sticking around for…

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