Gold has broken through the $2,300 level, and one market veteren has a bullish call looking ahead

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Juerg Kiener, chief investment officer at Swiss Asia Capital, says his forward curve for gold “looks fantastic.”

Gold broke above $2,300 on Thursday, and Juerg Kiener, chief investment officer at Swiss Asia Capital, told CNBC the precious metal could hit $2,600 within a year.

Expectations for interest rate cuts and central bank purchases have helped fuel a gold rally in recent months.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 569. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines