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$2,000 gold price is very likely, this is what it will take - Agnico Eagle CEO
The current bull cycle for gold prices is still in progress, and it’s only a matter of time before price levels for the yellow metal hit $2,000 an ounce, this according to Sean Boyd, CEO of Agnico Eagle.
“We’re still in that bull market that started in 2015. This is just the initial phase,” Boyd told Kitco News. “We think in this cycle gold will hit a new high in U.S. dollars. Ultimately, we’ll get to $2,000, may take two or three years.”
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