from Kitco NEWS
Gold prices could be expected to surpass the $1,800 an ounce mark by third or fourth quarter of this year, with near term signals remaining bullish, this according to Gary Wagner, editor of TheGoldForecast.com.
Wagner’s comments come as the Federal Reserve announced Wednesday to keep rates near zero until at least 2022, and a second wave of the virus has just been reported to begin sweeping across the U.S.
0:21 – Fed decision to keep rates near zero
4:43 – Second wave of COVID-19
5:54 – Inflation and gold
7:08 – U.S. dollar
7:54 – Gold price trends
8:58 – Gold prices and stocks
10:21 – Silver price charts
11:21 – Medium-term gold forecast
11:35 – Japanese candlestick chart reading
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?r…
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscriptio…
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.