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3232Analyst Predicts ‘Prolonged and Substantial Gold Bull Market’ — Eyes $7,000 Price
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Mon, 27 May 2024 22:31:14 +0000https://www.digit.info/2024/05/27/analyst-predicts-prolonged-and-substantial-gold-bull-market-eyes-7000-price/Read more]]>Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to de-dollarize, and escalating inflation risks. He predicts that gold prices could reach $5,000 to $7,000 per ounce, supported by unprecedented central bank purchases, […]