A Boost in Gold?

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Gold seems to have pulled back from its record cost of about $2,089.20/oz. However, many analysts have said that gold could be preparing to rally. Thanks to stimulus risks. Analysts at Citi seem to have a market target of approximately $2,500 for gold. It was said that the possible current catalysts compare to those of gold’s rally between 1970 and 1980.

Not only there is a potential of a weaker dollar, but there could also be risks, and the potential for further geopolitical tension. Check the disclaimer on profile and landing page.