Buy gold now to preserve wealth urges chief economist
A top chief economist has warned that investors should move quickly to buy gold in order to preserve their wealth ahead of an inevitable rise in inflation. Degussa’s Thorsten Polleit says that the large amounts of economic stimulus being funnelled into economies...
Gold will hit new all-time highs by 2022 – buy the dip now urges gold expert
A gold industry expert has urged investors to embrace the dip while they can and buy as much as they can as the precious metal is on course for new all-time highs within the next 24 months. Commodity analyst, Andy Hecht says that the current pricing levels around...
Bloomberg Intelligence tips gold for 50% increase
Bloomberg Intelligence has tipped gold for as much as a 50% increase in what is a huge vote of confidence for the long term appeal of the precious metal. Senior commodity strategist, Mike McGlone says that gold today is in a similar position to the very early days of...
Could we see gold prices rise as early as today?
Gold could begin to rise above the psychologically important £1,480 ($1,950) price point as early as today experts say, pending the outcome of last ditch stimulus talks in the US Senate. MKS PAMP Group says any agreement on stimulus measures between House Speaker...
ANZ expects gold rally by year’s end and to reach £1,742 in Q1 2021
A surge in gold prices which could take the yellow metal to £1,666 ($2,200) is brewing says Australia and New Zealand Banking Group. The bank goes even further with its forecast for the very early part of 2021, noting that we shouldn’t consider the £1,666 ($2,200)...
