The price of Gold continues to skyrocket as predicted by Barclay Pearce Capital in our previous Gold update. As supported by the Australian Financial Review, this is a result of economic unrest at the hands of COVID-19. Goldman Sachs also predicts that this price will surpass US$2,300/oz in the next 12 months.
Disclaimer: This information is valid as of July 30th 2020 and may not be accurate in the future.
"The AFR has recently backed this up saying this is due to COVID and economic uncertainty caused by it."
"Goldman Sachs have also jumped on board with their prediction of US$2,300/oz within the next 12 months."
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