Market insiders: Gold price rise is unprecedented, Goldman Sachs says gold price may rise to $3,700 by the end of the year

This article is machine translated
Show original

According to CCTV News reported by ChainCatcher, international gold prices have recently reached new highs, breaking through the round numbers of $3,200, $3,300, $3,400, and $3,500 per ounce within seven trading days. So far this year, gold prices have risen by approximately 30%, building on last year's rise of about 30%.

Market professionals focusing on precious metal investments, when interviewed by reporters, also lamented that this wave of gold price increases is unprecedented, and suggested that it might signal a "fundamental a market transformation.. Once again price forecastating prices will reach $3,700 per ounce by the end of this year.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments