Gold flies past £1,550 ($2,000) on positive stimulus signs
Gold has flown past a huge landmark this week, ascending above £1,550 ($2,000) for the very first time – and there is much more still to come according to experts. The record price means that the precious metal has met widespread analyst expectations much swifter than...
Business Bank Expects £1,600 ($2,000) To Be Reached “Imminently”
Business Bank ABN AMRO expects gold prices to ascend to £1,535 ($2,000) imminently. Its senior precious metals strategist, Georgette Boele says it is only a matter of time until that level is hit, given the recent unstoppable bull run and wealth of supporting external...
Goldman Sachs expects gold to hit £1,752 ($2,300) by end of year
Goldman Sachs says that it now expects gold to reach £1,752 ($2,300) by end of year as a result of the weakening US dollar, rising inflation and soaring government debt. Analysts revised up their previous expectation considerably yesterday (Tuesday) in their latest...
Price prediction for gold raised 19% by research firm
The macroeconomics research and analyst firm, Capital Economics has raised its price prediction for gold up by a massive 19%. It says that it now expects to see prices going higher and higher throughout the remainder of the year and for at least another 2 years...
Gold reaches a record all time high with huge upside on the horizon
The US dollar suffered a crippling loss yesterday amid new lockdown restrictions and soaring case numbers, sending gold soaring to a nine-year high. The dollar index tumbled by -0.65, sending it to a low not seen since the onset of the pandemic in March. Overall, the...
