Gold nears seven year high but could hit $1,700 on coronavirus impact, Citi says

Barron’s/Callum Keogn/2-19-2020

Graphic image of bull, black and white“Citi commodity strategists upgraded their six to 12 month level to $1,700 per ounce and said they expected nominal highs of $2,000 in the next 12 to 24 months.”

USAGOLD note:  Citbank reiterates its bullish call on gold for 2020.

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