Categories
News

Credit Suisse raises 2021 gold forecast to $2500 on ‘perfect storm’

August 17, 2020 at 03:10PM

Gold is up $31 to $1976 today
Analysts at Credit Suisse see a "perfect storm for gold" that will lead to $2500 per ounce next year.
"We raise our 2021 gold price forecast to US$2,500/oz (US$1,800/oz
previously) and 2022 to US$2,200/oz (US$1,650/oz previously) … We stay
Overweight gold because: TIPS yields go to -2.5% (our previous view Continue Reading:…

Author: https://www.forexlive.com/news/!/credit-suisse-raises-2021-gold-forecast-to-2200-on-perfect-storm-20200817 Selected by SYFX+

Leave a Reply