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Home U.S. monetary policy
Goldman, Citi see gold above $2,000 in 2021: ‘The bull market is not over’

Goldman, Citi see gold above $2,000 in 2021: ‘The bull market is not over’

Posted By: Editorial Teamon: November 24, 2020In: ECONOMY, NEWSNo Comments

Despite the upturn in the global economic outlook following multiple coronavirus vaccine breakthroughs, gold’s bullish cycle will continue, according to analysts at Citi and Goldman Sachs. The traditional safe haven asset hit an all-time high in August of $2,074.88 per ounce, amid fears that the coronavirus crisis looked set to continue indefinitely. However, demand for the […] Read more

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