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Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year

Global IndexesJul 29, 2020
Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year
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Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year. The increased forecasts are driven by rising fears about the dollar's long term future as the world's key reserve currency, and expectations of continued rock-bottom interest rates. Meanwhile, Chinese regulators and major banks are rushing to curb precious metal trading by domestic investors to temper speculation that some fear could cause a repeat of this year's oil trading mishaps.

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