Citigroup’s Aakash Doshi expects gold’s rise will slow pending the Fed pushing ahead with the tapering timeline.
FxEmpire forecasts the possibility of gold hitting $1,900 but expects it to be largely a product of momentum, and could be a long ways away
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Kitco News still considers gold an especially cheap inflation hedge — especially compared to cryptocurrencies. But it warns any potential bling-buyers to watch out for a drop below $1,835 an ounce, which could indicate an end to the rally.
Brokerage company Zaner remains cautious on gold despite some admittedly positive markers: “The bias is up, but gold and silver have exhibited significant chop since the beginning of the year and reversing the downtrend has been difficult.”