Gold’s Path to $3,000/oz (Just in Time for Christmas)

This week we explore the reasons behind gold’s latest all-time high – and evaluate whether we’re likely to see gold at $3,000 by Christmas. We also review Zimbabwe’s latest, desperate attempt to prop its economy using the power of gold… From Peter Reagan for Birch Gold Group Your News to Know rounds up the most important …

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Citigroup predicts gold at $3,000/oz; JP Morgan forecasts $2,500. UBS warns of 6.5% Fed rate hike.

Citigroup and JP Morgan forecast significant gains for gold, with projections reaching $3,000 and $2,500 per ounce respectively within the next year. Meanwhile, UBS warns of a potential 6.5% Fed rate hike amid persistent inflation, triggering concerns of a selloff in both bond and stock markets. As cocoa prices hit record highs, surpassing $10,500 per …

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