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Carsten Menke

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Analysts Predict Gold to Hit $2,500 in the Next Few Years
July 28th, 2020 - 06:00 GMT

Analysts Predict Gold to Hit $2,500 in the Next Few Years

Gold prices, which touched an all-time high of $1,944.66 an ounce on Monday afternoon, will see a correction in the near-term and could hit $1,700, before bouncing back again to $2,500 in the next few years, industry analysts said. Since gold is expected to see a correction in the coming weeks, consumers should sell now when the price is nearly peaking, and then buy it back when it touches $1,700 ...
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