-
Gold Eyes $4,000 After Clearing the $3,000 Hurdle: Yardeni Research
Gold is on track to hit $4,000 as the rally builds momentum, according to Yardeni Research. While acknowledging the safe-haven demand sparked by a global trade war, the global investment company bases its bullish prediction on relentless central bank purchases. More specifically, analysts highlight how countries seek to reduce their reliance on the US dollar by topping up their gold reserves. Notably, Yardeni’s founder takes the time to explain the foundational difference between Bitcoin and gold when it comes to investment security. In a recent “Market Call” note to investors, Yardeni Research launched an ... (full story)
