Monday , 29 November 2021

Tag Archives: $1000 gold

Gold Is Going To Be Constrained For The Balance of 2016 – Here’s Why

We maintain the view that the rise in gold since the beginning of 2016 is not fundamentally supported, but that later in 2017 the inflation conditions and the value of the dollar, might provide a foundation from which a new gold bull market rally could grow. We, therefore, expect gold to drop down to meet the curve and test the $1,000/ozt. level as the dollar climbs out of its trading range.

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Analysts: Gold Will Bottom Somewhere Between $725 & $1,000/ozt.

Much has been written over the past few months as to just where gold (and silver) is headed. In light of the recent significant drop in price below is substantiation for such a decline and several projections as to where the price correction will bottom out and the timeframe for such price action.

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