By Bitcoin.com 28 May 2024 | 4:31 am

Analyst Predicts ‘Prolonged and Substantial Gold Bull Market’ — Eyes $7,000 Price

Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to de-dollarize, and escalating inflation risks. He predicts that gold prices could reach $5,000 to $7,000 per ounce, supported by unprecedented central bank purchases, […]