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.

"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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