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Reflation story to be supportive for gold next year, targeting $2,300 - Goldman Sachs

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Old 13-11-2020, 08:19
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Default Reflation story to be supportive for gold next year, targeting $2,300 - Goldman Sachs

Goldman Sachs argues that gold has much more upside to come next year"The reflation story in 2021 will be supportive for gold by pushing near-term real rates lower even if longer-term real rates struggle to fall more."Adding that it expects gold to be more sensitive to moves in shorter-term real rates, similar to how currency

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