#Gold's record-breaking rally highlights growing concern over the world economy.
Goldman raised its 12-month forecast for gold to $2300 an ounce from $2000 an ounce previously. That compares with a value of around $1950 currently.
The bank sees U.S. real interest rates continuing to drift lower, boosting gold further.
Goldman raised its 12-month forecast for gold to $2300 an ounce from $2000 an ounce previously. That compares with a value of around $1950 currently.
The bank sees U.S. real interest rates continuing to drift lower, boosting gold further.
Read the whole article here:
https://www.bloomberg.com/news/articles/2020-07-28/goldman-warns-dollar-s-role-as-world-reserve-currency-is-at-risk
https://www.bloomberg.com/news/articles/2020-07-28/goldman-warns-dollar-s-role-as-world-reserve-currency-is-at-risk
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