EXPM:HRTFF - Post by User
Post by
justrelax2on Aug 12, 2019 3:44pm
88 Views
Post# 30019312
Just in time
Just in time (Kitco News) - Goldman Sachs Group upgraded its gold forecast for the first time this year, upping its 3-month and 6-month projections to $1,575 and $1,600 an ounce in light of escalating trade war tensions.
Gold prices were solidly above $1,500 an ounce on Monday — a level that was hit last week for the first time since 2013.
After rising nearly 4% last week, gold’s rally is far from over, according to analysts at Goldman, who see more upside in the yellow metal.