Spot gold at $2,100? Commodities analyst says gold could test new highs this year

CNBC/Abigail Ng/1-4-2021

photo image of gold bars with colorful chart in background

“We do think across the course of 2022, we will see the gold price testing at the all-time record highs, but we can’t see it traveling much beyond that once it gets there.” – David Lennox, Fat Prophets

USAGOLD note: Lennox says that the Russia-Ukraine confrontation could turn “disastrous” and if it does the $2100 target would come “sooner rather than later.”

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