Kitco News: As second wave hits, look for gold to breach $1,800
Submitted by Konrad Urbanowicz on Thursday, June 11, 2020 - 14:58.
Gold prices could be expected to surpass the $1,800 an ounce mark by third or fourth quarter of this year, with near term signals remaining bullish, this according to Gary Wagner, editor of TheGoldForecast.com.
Wagner’s comments come as the Federal Reserve announced Wednesday to keep rates near zero until at least 2022, and a second wave of the virus has just been reported to begin sweeping across the U.S.