After the summer price rally above the $ 2,000 mark, the price of gold has noticeably cooled, but the situation may change at any time if conditions are created for further growth. This opinion was voiced by Nick Barysheff, President of BMG Group.

Kitco News interviewed precious metals analyst Jesse Felder, during which they discussed the continued rise in gold prices. In his opinion, the yellow precious metal is still very much undervalued by investors compared to other assets.

The current volatility in financial markets is causing the price of gold to be unable to surpass the $ 2,000 per ounce mark. So says George Giro, director of RBC Wealth Management.

On Sunday, as resistance to a broader package mounted, the Trump administration called on Congress to pass a stripped-down COVID-19 relief bill to be funded by an expired small business loan program.