What’s stopping gold from climbing "substantially higher?"

Gold prices should be targeting as high as $1,650 to $1,700 an ounce by the first quarter of next year, but fundamental events need to be pushing the yellow in the right direction, this according to Gary Wagner, editor of thegoldforecast.com.
“A lot of it has to do with fundamental events and the biggest one of course is whether or not they resolved the trade war, but if they continue to have the issues they’ve been having, I see gold moving substantially higher,” Wagner told Kitco News. (show less)

Gold prices should be targeting as high as $1,650 to $1,700 an ounce by the first quarter of next year, but fundamental events need to be pushing the yellow in the right direction, this according to Gary Wagner, editor of thegoldforecast.com.
“A lot of it has to do with fundamental events and the biggest one of course is whether or not they resolved the trade war, but if they continue to have the issues they’ve been having, I see gold moving substantially ... (read more)

Kitco NEWS

Kitco NEWS
The Kitco News team speaks to analysts and experts on the frontlines of the market to get the most up-to-date news on the economy. The show offers a well-rounded, timely view on big market moves and any major headlines that may affect financial assets. Coined – no pun intended – as the number one source of precious metals news, Kitco News is the leading provider of up-to-date price action in the precious metals space.

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