Yahoo!Finance-Bloomberg/Yvonne Yue Li/9-20-2022
“Not even the most hawkish Federal Reserve in decades can beat down the exuberance of gold enthusiasts at the industry’s biggest annual gathering. Bullion prices will reach $1,806.10 an ounce by year-end, according to the average estimate in a survey of 10 participants at the Denver Gold Forum, the yearly meetup of mining executives, investors, bankers and analysts.”
USAGOLD note: That’s a pretty good move if it does in fact materialize before year-end …… The consensus has gold rising on “heightened geopolitical and economic risks.”
