Will Gold Rally to $4,900/oz Next Year?

From orbex.com

Precious metals are on the rise again, with gold breaking above $4,200 and silver scoring a new all-time high. The moves have generated investor interest amid the market’s unusual dynamics. As a safe-haven, the rise in bullion can prompt traders to worry that a market correction is coming, or signal worries about the state of the economy. Usually, gold prices and stocks move in opposite directions. But lately, they have been rising in tandem. Expectations around the Fed can explain part of that. Lower interest rates are typically bullish for stocks because they lower borrowing costs and encourage risk-on attitudes. ... (full story)