Gold to Rise to $1,650 by 2Q 2020: UOB Private Bank
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University
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The video discusses setting a new economic target of $1650 per ounce by the second quarter of 2020. It explains the late stage of the economic cycle, where central banks cut interest rates, leading to a search for safe investments. Due to low inflation, investors are focusing on safeguarding their assets, particularly through gold, as interest rates decline.
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2 questions
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OPEN ENDED QUESTION
3 mins • 1 pt
What are investors looking at due to the lack of inflation?
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OPEN ENDED QUESTION
3 mins • 1 pt
What is the target price for gold per ounce by the second quarter of 2020?
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