Gold Price Has Momentum and Doesn’t Need Negative Rates to Hit $2,000 – State Street Global Advisors

from Kitco NEWS

The gold market has seen a remarkable run since mid-March, rallying nearly $200 in a matter of weeks and according to George Milling-Stanley, chief gold strategist at State Street Global Advisors, it has enough room push to a new all-time high.

Milling-Stanley noted that gold prices have already hit the upper-bound year-end target at $1,700 an ounce.
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