Ethan Perrett
- Jul 30, 2020
- 2 min read
Gold Price Prediction Soon To Be A Reality
The price of Gold continues to skyrocket as predicted by Barclay Pearce Capital in our previous Gold update. As supported by the Australian Financial Review, this is a result of economic unrest at the hands of COVID-19. Goldman Sachs also predicts that this price will surpass US$2,300/oz in the next 12 months.
Disclaimer: This information is valid as of July 30th 2020 and may not be accurate in the future.
"The AFR has recently backed this up saying this is due to COVID and economic uncertainty caused by it."
- Gold rules in a world broken by COVID-19, FINANCIAL REVIEW
"Goldman Sachs have also jumped on board with their prediction of US$2,300/oz within the next 12 months."
- Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year,
driven by rock-bottom interest rates, BUSINESS INSIDER
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