Goldman raises 12-month gold forecast by 11% to $2,000 an ounce
June 19, 2020 at 13:26 PM EDT
Gold prices are likely to reach $2,000 an ounce in 12 months on the back of low real interest rates and concerns over currency debasement, even as developed markets emerge from COVID-19 lockdowns, lifting risk-on sentiment, according to a note Friday from Goldman Sachs.
