Published: 2019.08.23. TDS: the price of gold has a chance to rise to $ 2000

TDS: the price of gold has a chance to rise to $ 2000 - 보기

According to CNBC, in the face of negative debt yields, “solid” assets, such as gold, are again coming to the fore. Some experts believe that there are all conditions for the precious metal to grow to $ 2000 per ounce.

“We trade gold long. Our target for the cost of yellow precious metals is $ 1,585 per ounce, ”said Daniel Gali, a commodity analyst with Canadian investment bank TD Securities. “We believe that the price of gold is on the way to new records. In conditions when Central banks begin to pursue a non-standard monetary policy, the probability of a rise in gold prices to $ 2,000 per ounce is high. ”

Real physical assets, which also include precious metals, will be increasingly popular among investors around the world. With their help, they want to save their capital from depreciation in the face of economic and financial uncertainty.