Gold price might hit 3,500 dollars in two years, say experts

London: According to experts, the price of gold will reach 3,500 dollars in the two years duration.

Due to COVID 19 pandemic and conflict between America and China, the price of gold had reached to the peak on Monday.

“This issue is very critical. This shows that the market is getting stronger,” said Barry Dawes, Executive Chairman of Martin Place Securities.

“We can forecast that the price of gold will be 3,500 dollars in the duration of two years,” he said.

According to Garth Bregman from BNP Paribas Wealth Management, the gold price will remain stable to Rs 2,000 dollar for a certain period.

Source: Agency