The Persistent Tailwinds for Gold: Central Banks, Geopolitical Risk, and the Economic Situation in the United States

Price at Record Highs

Date:

Pixabay CC0 Public Domain

Author: Rocío Martínez

Chris Mahoney (Jupiter AM): "One of the determining factors will undoubtedly be the activity of central banks"

Ian Samson (Fidelity International): "If foreign investors were to decide to move a portion of the 57 trillion dollars they currently hold in U.S. assets, gold would be a more than likely destination"

Bank of America has raised its long-term price target for gold by 25%