- Expect $ 1,450 for 2021 and 2022 (previous $ 1,300)
Long-term gold price around $ 1,400 (previous $ 1,300)
Factors:
Prices will be driven by stock market sentiment, the prospect of the global economy and expected Fed action
Tactical Trading Opportunities to Buy Shares of Gold Mining Companies at Any Weakness by the Fed, With Current Expectations of 25 Bps
For the time being, the price of gold does not foresee a recent resolution of the US-China trade conflict (at least not until the end of this year)
We expect a seasonal increase in the precious metal in the period December - January.
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.