Wall Street Predicts New Highs for Gold Prices in Nearing Future

With recent market trends, there is a major question circulating among investors all around the world – How much higher can gold prices go? Wall Street, the hub of across the globe financial activities, also sees more records ahead for gold. The current economic factors indicate that it is highly likely. nnSeveral factors are contributing to this potential surge. The most notable being the looming global inflation, geopolitical tensions, and the current pandemic situation. Historically, gold has been a safe haven during turbulent times and the present scenario is no different. It is fascinating to see the interplay of factors leading to such price hikes. nnThere is an intriguing standoff between buyers who are counting on further price increases and sellers, waiting for a potential tip point. Irrespective of the varying predictions, one thing is clear – gold is still gleaming on Wall Street with potential of breaking more records. Read More