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Gold Breaks $2000?

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The price of precious metals represented by gold has been rising like a rainbow, which has also made the markets call for the price of gold to exceed $2,000 more and more in the future;

The popularity of gold futures trading can also be seen from the latest third quarter report of CME Group. CME Group's liquidity tool shows that gold futures liquidity has improved significantly since the second quarter and the bid-ask spread of COMEX gold futures has fallen to the level before the emergence of the new crown epidemic crisis in mid-March;

Research institute Insignia Consultants stated that the momentum is greatly beneficial to gold and silver. If the international environment becomes tense in the future and the number of new cases of new coronary pneumonia in the United States continues to increase, the price of gold and silver will only rise. Even if there is a price adjustment in the price of gold, it will be "moderate"; the $2,000 mark of gold will be "quite easy to break".


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Good call, but one we should take with a pinch of salt? Continue to watch the markets..

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