Can Gold Prices Rise to $1,400?

Precious Metals

Almost nothing can stop the rise of the gold price to $1,400 per ounce, according to an article from Seeking Alpha. As quoted in the publication: A number of global risks should help maintain the strong demand for gold. The rise of ETFs and the ease in which investors can gain exposure to gold could …

Almost nothing can stop the rise of the gold price to $1,400 per ounce, according to an article from Seeking Alpha.
As quoted in the publication:

  • A number of global risks should help maintain the strong demand for gold.
  • The rise of ETFs and the ease in which investors can gain exposure to gold could take it to $1,400.
  • The Brexit vote is the next catalyst we see taking gold higher.
  • The vote is pegged at 50:50 currently. As it draws closer we expect gold will start rising.

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