The Top Reasons Gold Prices Could Be Heading Higher

Analysts remain bullish on gold. UBS for example believes gold could run even further and remain high “for longer than expected” on global uncertainty, as noted by CNBC. The analyst added the firm raised its forecast for gold next year from $1,850 to $2,100.  “An environment of negative real interest rates and global uncertainties, such … Continue reading “The Top Reasons Gold Prices Could Be Heading Higher”

Why Gold Could Hit $3,000 this Year

Gold could hit $2,000, even $3,000 this year. At the moment, the metal is up to $1,941 after gaining $40 on the day. From here, we could see $2,000, says Goldman Sachs.  Meanwhile, analysts at Citi say gold, “is expected to climb to an all-time high in the next six-to-nine months, and there’s a 30% … Continue reading “Why Gold Could Hit $3,000 this Year”

A Small-Cap Stock to Consider as Gold Hits 10-Month High

We watched gold plummet from a high of $1,369 to a low of $1,180 in 2018. However, as the Federal Reserve walks back its promise of higher interest rates, gold just exploded to a 10-month high of $1,344 – which wipes out 2018 losses. “In light of global economic and financial developments and muted inflation … Continue reading “A Small-Cap Stock to Consider as Gold Hits 10-Month High”