EXPM:HRTFF - Post by User
Post by
justrelax2on Jul 20, 2020 6:18pm
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Post# 31293028
This should help our free cash flow-me thinks
This should help our free cash flow-me thinks 'Only a matter of time' before gold hits record, Citi says
Gold (XAUUSD:CUR) is expected to climb to an all-time high in the next 6-9 months, with a 30% probability it will top $2K/oz. in the 3-5 months, Citigroup analysts say, as prices benefit from loose monetary policy, low real yields, record ETF inflows and increased gold asset allocation.
"Nominal gold prices have already posted fresh records in every other G-10 and major emerging market currency this year," the Citi team says, and "it is only a matter of time for fresh" highs in U.S. dollars.