Gold price to rise up to record highs - Forecast

15:32 - 23.09.2020


September 23, Fineko/abc.az. The price of gold may update the record in Q4 of 2020.

ABC.AZ informs that this is stated in the report of Citigroup.

The report shows several causes for the rise in the price of gold.

The low interest rates in the U.S., including the growth of interest rates for several years, also contribute to the rise in the golf price.

Gold price is expected to reach $2,275 in 2021, according to the report.

Currently, an ounce of gold is traded at $1,888 at the world markets.