Aberdeen Standard Investment Co., Ltd.: gold price is expected to break through 2000 US dollars / ounce again next year.

Publicado: Dec 22, 2020 08:22
Fuente: Aberdeen

Aberdeen Standard Investments: gold investors should not abandon the precious metal, as the epidemic will continue to spread for most of 2021 and the US economy will need further support, and gold prices are expected to exceed $2000 / oz again in the coming year. As far as the current situation is concerned, the new round of anti-epidemic relief bill will not be the last, because we are facing structural problems that will continue to haunt us in the coming year from an economic point of view. Interest rates will not rise next year, which will provide important support for precious metals. Bond markets may be an important reason to be bullish on gold in 2021, with global negative-yield bonds currently worth more than $18 trillion and are expected to hit another record high next year.

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Aberdeen Standard Investment Co., Ltd.: gold price is expected to break through 2000 US dollars / ounce again next year. - Shanghai Metals Market (SMM)