Gold is looking for new record highs

April 6, 2020
  • Sharp swings in gold prices make investors doubt whether the upward trend will continue
  • However, as in 2008, gold will benefit from monetary creation and the supply-demand imbalance
  • A 12-month target price of $2,000 per ounce is not extravagant
  • In the longer term, debt monetisation could bring gold prices even higher