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Gold Prices To Peak At $2,300 In First Half of 2021 - Societe Generale 📈

⚜️ Gold prices have room to move higher even with the market facing growing headwinds as potential COVID-19 vaccines boost positive investor sentiment; however, commodity analysts at Societe Generale said that they are looking for prices to peak in the first half of 2021.


⚜️ Looking out to 2022, the SocGen sees prices falling back to $1,800 an ounce. But why?

Learn more 👉

Gold Prices To Peak At $2,300 In First Half of 2021 - Societe Generale Gold prices have room to move higher even with the market facing growing headwinds as potential COVID-19 vaccines boost positive investor sentiment; however, commodity analysts at Societe Generale said that they are looking for prices to peak in the first half of 2021.

UBS Says You Should Buy Gold Now

Investors should be putting their money in gold now, as it represents a “very good hedge” ahead of risk events such as the U.S. election, UBS Global Wealth Management told CNBC

“We like gold, because we think that gold is likely to actually hit about $2,000 per ounce by the end of the year,” according to Kelvin Tay, the firm’s regional chief investment officer, on Tuesday.

“And gold has certain hedges to it,” Tay said. “In (the) event of uncertainty over the U.S. election and the Covid-19 pandemic, gold is a very, very good hedge. And its recent weakness represents a great entry point for investors,” he added, speaking to CNBC’s “Squawk Box.”

Learn more 👉 https://solomon.gold/news/investing-in-gold-buy-gold-as-prices-weaken-says-ubs-wealth-management

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UBS Says You Should Buy Gold Now Investors should be putting their money in gold now, as it represents a “very good hedge” ahead of risk events such as the U.S. election, UBS Global Wealth Management told CNBC