Goldman maintains bullish target for gold

Posted on December 3, 2019 by Opinion

NASDAQ/Eileen Soreng

graphic image of $1600 superimposed over OZ“Goldman maintained its bullish target of $1,600 per ounce for gold, reasoning that factors including heightened political uncertainty and an only modest acceleration in growth supported investment demand.”

USAGOLD note:  This article also discusses Goldman’s outlook for the commodity index, oil and industrial metals – all bullish.

Repost from 11-26-2019

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