The demand for gold from central banks has increased significantly from last year, pushing the price of gold up to nearly $1,400 USD per ounce. Analysts expect that this upward trend will continue, creating a renewed interest in gold stocks.
Swiss multinational investment bank UBS expects the gold price to rise to $1,450 per ounce by the end of 2019 and reach $1,500 in 2020, which is higher than the yellow metal has been for the last five years.
“Over the longer term, the dollar and real rates are the two key drivers for ...
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