from Kitco NEWS
Central banks and governments around the world are flooding financial markets with liquidity and this will push inflation pressures higher along with gold prices, according to Chantelle Schieven, head of research at Murenbeeld and Co.
The research firm has updated its forecasts for this year, saying that prices could push above $1,800 an ounce by fourth quarter of this year.
Longer term, prices could push above $2,000 by the end of next year, Schieven said.
__________________________________________________________________
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
Google+: https://plus.google.com/u/0/116266490…
StockTwits – https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today…
Live silver price and charts: http://www.kitco.com/silver-price-tod…
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.