Gold expected to reach $1,650/oz – UOB

FXStreet/Pablo Piovano

“Gold continues to be the clear winner amidst the surge in safe haven demand. The list of positive drivers for gold is growing. These range from synchronized monetary policy easing, lower global bond yields and increased central bank allocation. We expect further gold strength towards USD 1,650 / oz.”

USAGOLD note:  Some optimism amidst yesterday’s pessimism. . . . . .

Repost from 9-25-2019

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