As Second Wave Hits, Look for Gold to Breach $1,800

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

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

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