Gold price of US$2000 in 2021
The psychological resistance of (gold) USD 1,800 per ounce has been surpassed! At Precious Metals Watch, Georgette Boele, Precious Metal Strategist-ABNAmro observes, 1: Gold powers to an all-time high across a range of currencies, 2: Against the dollar, gold’s all-time high of USD 1,921 is now within reach, 3: The stars are aligned for gold prices to continue to rise, 4: Aggressive monetary policy easing, ultra-low interest rates, negative US real yields, fiscal. 5: stimulus and the technical outlook all support gold prices, 6: Nonetheless, positioning does remain extreme which could encourage volatility, 7: Our new gold price forecast for end 2020 is USD 1,900 per ounce (was USD 1,700 per ounce) & 8: Our new gold price forecast for end 2021 is USD 2,000 per ounce (was USD 1,800 per ounce). She inks about gold price record, we had expected another risk off wave in financial markets to support the US dollar and to result in temporary gold price weakness. Up to