Goldman says commodities headed for bull market in 2021 on inflation fears

Reuters/Staff

graphic image red sticker with the word "inflation"“The bank forecast a return of 28% over a 12-month period on the S&P/Goldman Sachs Commodity Index (GSCI), with a 17.9% return for precious metals, 42.6% for energy, 5.5% for industrial metals and a negative return of 0.8% for agriculture.”

USAGOLD note:  Goldman sticks with its bullish commodities forecast – continues to see a strong market for gold and silver.


Repost from 10-22-2020

This entry was posted in Gold and Silver Price Predictions from Prominent Players, Today's top gold news and opinion. Bookmark the permalink.